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Maritime export bridge suspended

30-1-2019

The Investment Development Authority of Lebanon (IDAL) has reportedly suspended the sea export bridge program, according to Al Diyar today. This comes after the expiration of the period previously set by the council of minister this end, and despite the availability of funds to support it. The newspaper mentioned one of the reasons for the non-renewal as the absence of a government to take on executive decisions, in addition to the resumption of Nassib Crossing at the Syrian-Jordanian borders. Recalling, that nearly 85% of the overall Lebanese exports used to pass through said crossing. (Al Diyar, January 30, 2019)

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