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FOREIGN TRADE
Major exportable commodities of the country are oils, manufacturing products, vegetable items and livestock. Its exports partners are UAE, Turkey, and Switzerland.
Important importable commodities in the country are food, capital goods and energy.
Imports partners of Lebanon are Germany, China, France and United States.
The overall trade scenario of the country is as follows:
| % Of GDP |
2000 |
2003 |
2004 |
| Exports of Goods and Services |
13.6 |
18.8 |
20.5 |
| Imports of Goods and Services |
37.1 |
37 |
44 |
| Merchandise Trade |
41.6 |
43.5 |
51 |
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CONCLUSION
In the year 1947 Lebanon joined the World Bank. Since then the bank has stepped forward for reducing poverty and fostering economic growth in the country.
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