Mr.
...treatment of Lebanese products and services in the markets of WTO countries.
Control over unjustifiable export restrictions in other countries on exports destined to Lebanon.
Secure, stable, open and non-discriminatory access for Lebanese exports (goods and services) in the markets of 140 - soon to be - 170 WTO Member countries.
WTO membership will lead to:
The establishment of an environment conducive to the development of an efficient and competitive Lebanese manufacturing and service sector.
Increase in investment capital, transfer of technology and know-how, and expansion of distribution chains of Lebanese producers.
Improvements in the overall economic performance of Lebanon: increase in exports and investments imply increase in economic activity, production, and employment.
Increase in fiscal revenue as result of increase in economic activity, production, service-related activities, trade flow, and employment; thus, ability to reduce public debt.
New opportunities and fair treatment for Lebanese service suppliers (e.g. banking, insurance, construction companies, engineers, medical doctors, and lawyers) in the markets of other WTO countries.
Wider access for Consumers (including the Government of Lebanon as a consumer, the general public, industrial and agricultural producers, and tourists) to a wide variety of high quality products and services at lower prices.
Freedom and non-discriminatory transit and reasonable and fair fees for transit of Lebanese products and carriers through the territories of other WTO member countries.
Modernization of the legal, regulatory, and institutional framework in Lebanon in order to be more responsive to private sector needs.
More stable international trade relations and confidence in trading with WTO members.
Access to the WTO Dispute Settlement Body that will provide fair...
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