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Emergency to salvage national industry

28-3-2019

The Lebanese Industrialists Association (LIA) declared yesterday an industrial emergency due to the serious deterioration in the sector. The announcement was made during a broad meeting with the presence of MPs owner of industries, namely Neemeh Efrem, Shawky Dakkash, Nazih Najem, Nicolas Nahhas, Mohammad Soleyman, Agop Therezian, Michel Daher, Roger Azar and Michel Moawad. LIA chief, Fadi Gemayel, opened the meeting calling for salvaging the national industry and institutions as well as the prospect of jobs for the Lebanese youth. Problems and risks are building up, Gemayel maintained, while officials are distracted by unnecessary scuffles. “War is being waged on us from all sides, internally and externally, mainly by illicit competition, dumping, illegitimate establishments and smuggling,” he grieved. This eventually led to the shutdown of hundreds of factories and the displacement of thousands of families, he said, declaring a state of alert and full preparedness to rescue what remained of the domestic industry. In turn, the industry minister, Wael Abu Fa3ur, pointed out that currently, industry is functioning unprotected from illegal foreign competition amidst the continuation of the unfair agreement signed between Lebanon and some countries. Measures taken by the ministry to this end are being opposed by supporters of revenue-generating economy, Abu Fa3ur noted. At the end of the meeting, MPs participants, signed an industrial memo of understanding which called notably for the following measures: end dumping, smuggling and illicit competition, enforcing compulsory procurement of refugee aid from local products and industry, boosting exports. (An Nahar, Al Diyar, March 28, 2019)

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