Lebanese Industry Minister Unveils Five-Year Trade Plan
Lebanese Minister of Industry, Ghassan Hasbani, announced an implementation plan aimed at saving the industrial sector through five key pillars. These include developing modern and sustainable industries using artificial intelligence, promoting the circular economy and transforming waste into resources, linking education to the needs of factories, creating an attractive environment for investment, and improving energy infrastructure. Lebanese industries face significant challenges such as high energy costs, lack of financing, deteriorating infrastructure, and unfair competition. The strategy aims to reduce imports and stimulate exports to alleviate the country's large trade deficit.
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