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Maritime bridge program renewed to boost exports
31-5-2018
The president of the Investment Development Authority of Lebanon (IDAL), Nabil Itani, announced a series of measures to address the challenges facing the productive sectors, namely, agriculture. These measures include the following: increase by 15% the value of financial incentives of agricultural exports through the AGRI Plus program; extend support to agri-food goods exported to Jordan similar to exports bound for GCC states pending the reopening of the Jordanian-Syrian borders, and finally renew work of the exports maritime bridge program. The outcome of the sea export program, to recall, has been disappointing in its first year and has been widely criticized, especially in terms of its high costs (https://bit.ly/2slXmti). On this, Itani replied by stating that the program has contributed to sustaining the place of made-in-Lebanon products in the Arab markets and acquire consumers’ trust in these products as well as the credibility of Lebanese producers with their trade partners in said countries. IDAL president explained that the Lebanese exports via the maritime bridge have reached 151 tons, with agricultural products representing 88%, agri-foods (8%) and industrial goods (4%). The exported shipments via marine vessels stood at 7,442 container trucks, including 6,677 subsidized trucks, during 136 trips made by the four cargo ships registered with the sea bridge program, Itani said. (Al Diyar, Al Mustaqbal, May 31, 2018)
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- العربية
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