US, Lebanon close to deal on new trade pact

14-November-2006

The United States expects to finalize a new trade agreement with Lebanon by the end of November, marking progress in Beirut’s stalled bid for membership in the World Trade Organization (WTO). Viewed as a prelude to a bilateral free-trade agreement between the two countries, the new Trade and Investment Framework Agreement (TIFA) should eventually lead to Lebanon’s ascension to the WTO, US Ambassador Jeffrey Feltman said in a speech at a dinner hosted by the Lebanese American Chamber of Commerce on Friday.

Post a comment

Who are you?
Your post
  • To create paragraphs, just leave blank lines.