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IDAL support agro-food industries at German/ NYC fairs
28-11-2017
The Investment Development Authority of Lebanon, IDAL, announced in a statement on Friday that as part of its mission to assist, promote and market made-in-Lebanon products, and by virtue of IDAL’s decision and the Cabinet’s approval to support Lebanese exhibitors at the respective Anuga, Fancy Food Show and Gulfood in Germany, NYC and Dubai, the Authority has paid the sum allocated to Anuga and Fancy Food Shows. To this effect, IDAL chairman, Nabil Itani has handed a cheque with the amount of USD 160,000 to Ahmad Huteit, chief of the Syndicate of Owners of Agro-food Industries, according to L’Orient Le Jour. Itani pointed to the agro-food sector’s multiple edges which allowed it to make a quantitative leap in the past few years, (2.6% of the GDP) with exports reaching 21% of the overall exports in 2016. For his part, Huteit underscored the assistance provided by IDAL to the Lebanese exhibitors in international expos, noting the increase in the number of partaking Lebanese industries as a result of this participation which he described as “very good”. This, Huteit added, has helped realize two main goals: firstly, the disposal of production of each participating company, and secondly, marketing the image of Lebanon as a reliable producing country in its first-rate products and in the quantity needed by foreign markets. (Al Diyar, An Nahar, L’Orient Le Jour, November 25, 2017)
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