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Lebanon and Syria will begin reviewing their old trade agreements in the coming months, with the aim of revitalizing economic relations following the change of government in Syria in 2024. The review may lead to the signing of a broader bilateral trade agreement to boost cooperation in areas such as trade exchange and economic development, while focusing on protecting Lebanese industries from lower-cost Syrian competition. This step is part of an effort to reconfigure relations between the two countries after decades of tension and Syrian military presence in Lebanon. The emphasis will be on improving truck crossing procedures, reducing customs fees, facilitating the movement of goods and capital, and strengthening partnerships between the public and private sectors.
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