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DESCRIPTIONEconomic Mission to Lebanon 2013
economic SYnergiES economic MisSIOn LEbanON 2013
THE EUROPEAN DEVELOPMENT PLATFORM
ROMANIAN MINISTRY OF ECONOMY, THE EUROPEAN DEVELOPMENT PLATFORM AND CHAMBER OF COMMERCE, INDUSTRY AND AGRICULTURE OF BEIRUT AND MOUNT LEBANON ORGANIZED THE ECONOMIC
MISSION AND INTERNATIONAL
BUSINESS FORUM "ECONOMIC SYNERGIES". THE EVENT TOOK PLACE ON 1-5 JUNE 2013 WITH THE EXTRAORDINARY
PARTICIPATION OF MR. VARUJAN VOSGANIAN, ROMANIAN MINISTER OF ECONOMY AND MRS. RAMONA MNESCU, MEMBER OF THE EUROPEAN PARLIAMENT.
THE PROJECT ECONOMIC SYNERGIES INITIATED BY THE EUROPEAN DEVELOPMENT PLATFORM, AIMS TO PROVIDE SMART
SOLUTIONS TO SUPPORT THE
DEVELOPMENT OF THE
ROMANIAN ECONOMY AND STRENGTHEN ECONOMIC
RELATIONS AT EUROPEAN AND INTERNATIONAL LEVEL.
THE PROGRAMME, BASED ON GENERATING DEBATES AND
MEETINGS BETWEEN LOCAL
AND FOREIGN BUSINESS
GROUPS, INCLUDED THE INTERNATIONAL BUSINESS
FORUM, MEETINGS WITH MEMBERS OF BEIRUT TRADERS ASSOCIATION AND ELIE SAAB, B2B MEETINGS, THE GALA DINNER AND VISITS
TO IMPORTANT TOURIST
THE EUROPEAN DEVELOPMENT PLATFORM
Lebanon, the Phoenician civilization cradle, was successively conquered by Egyptians, Assyrian-Babylonians, Macedonians, Romans and Arabs. In the 19th century, the country came under Ottoman dominance, although maintaining a privileged status. After the First World War, between 1920 and 1943, the French mandate established in Lebanon. On 22 November 1943, Lebanon proclaimed itself as an independent state.
Lebanon is situated in a strategic geographical location, at the crossroads of three continents: Asia, Africa and Europe. This added to its long commercial tradition and free trade regime, qualified Lebanon as an important commercial and business Centre of the region. Commerce is an important source of income and employment, playing a pivotal part in the Lebanese economy, with a 27.5% share in the countrys GDP.
Specifically, the Lebanese market is based on consumption mainly from imports. The value of import per capita is one of the highest in the region, considering it is a country that does not produce petrol.
Lebanon is well known for its strong banking sector; in the region, the experience and quality of services offered by Lebanese banks are recognized. Lebanon has 71 banks with total assets of over 156 billion dollars.
Lebanon remains one of Romanias main commercial partners in the Middle East, in the same time being an important connection between the Gulf region to Romania, in the area of commerce and Arab investments.
BEIRUT TRADERS ASSOCIATION Beirut Traders Association (BTA), established in 1921, is an influential economic organization, which endeavors to promote the interests of the merchant sector in the Lebanon; as such, it plays a key role in the national economic scene.
Representing merchants and services firms registered at the Commercial Registry in Beirut, BTA aims to establish a comprehensive platform for inter-business relations in Lebanon and with external trading partners.
The Romanian delegation met BTA representatives on 3 June 2013 within the associations headquarter. Important business people of Beirut, the two vice-presidents of the association and the executive director attended the meeting.
Following discussions, numerous opportunities for economic cooperation and possible business partnerships were identified. As such, a visit of the Lebanese business people to Romania will be organized in September.
VIP WORKING DINNER HOTEL PHOENICIA
The working dinner especially organized for the International Business Forum Economic Synergies took place on 3 June 2013 at Hotel Phoenicia, Beirut.
The Romanian business people delegation was lead by Mr. Varujan Vosganian, Minister of Economy, by Mrs. Ramona Mnescu, Member of the European Parliament and by His Excellency, Mr. Daniel Tnase, Romanian Ambassador to Lebanon.
Mr. Marwan Kheireddine, State Minister, Government of Lebanon and important business people of Lebanon attended the event.
Mrs. Nela Pvloiu, President of the European Development Platform, opened the evening, stating that:
This visit to Lebanon is a philosophy of the European Development Platform to contribute in a concrete way to Romania's economic diplomacy. We understand that although belonging to the European Union, the world does not begin and end at its gates. It is natural for each EU state to revive old relations or knot new ones. For Romania, the countries of the Middle East in general, and Lebanon in particular, are a major area of interest, politically and economically.
EDP is opening up towards countries of Middle East and I am convinced that this economic mission will be the foundation of numerous strong business partnerships.
INTERNATIONAL BUSINESS FORUM ECONOMIC SYNERGIES
The International Business Forum Economic Synergies was organized by the European Development Platform, the Ministry of Economy, Romanian Government, and by the Chamber of Commerce, Industry and Agriculture of Beirut and Mount Lebanon.
The event brought together Romanian senior officials, leaders of important economic Romanian organizations, as well as senior officials, members of the Lebanese government, important representatives of Lebanese business groups.
Discussions were opened by dr. Nabil Fahed, Vice-President of Chamber of Commerce, Industry and Agriculture of Beirut and Mount Lebanon, who greeted the Romanian business people delegation and congratulated the initiative taken by the European Development Platform to organize this event.
I AM POSITIVE THAT THIS VISIT WILL GENERATE A NEW PERSPECTIVE FOR THE BUSINESS ENVIRONMENT AND PARTNERSHIP OPPORTUNITIES; IT WILL ENHANCE ECONOMIC COOPERATION.
NABIL FAHED, VICE-PRESIDENT, CCIA BEIRUT
I AM FULLY CONVINCED THAT THE DISSCUTIONS INITIATED OR INTENSIFIED TODAY, THROUGH THIS EVENT, WILL GENERATE ACTIVE, OPTIMIST AND INNOVATIVE BUSINESS INITIATIVES AND WILL STRENGTHEN GENERAL RELATIONSHIPS BETWEEN OUR COUNTRIES.
NELA PVLOIU PRESIDENT E.D.P.
Mrs. Nela Pvloiu, President of the European Development Platform stated:
I truly hope that this meeting today will be the starting point of an intense cooperation, mutually beneficial to our countries, in the difficult context of the global economic crisis.
There are several prerequisites for benefits for both sides: the tradition of our trade relations, the level of sympathy and appreciation for each other, the need for innovation and increased economic partnerships.
I strongly believe that we must be innovative knowing that global financial networks can be affected by systemic crisis. Pessimism is not one of my features, as a person or in the organization I lead. Looking around, I am so pleased to notice the quality of participants and representatives present here today. I am counting on your dynamism, your intelligence to succeed together.
Both Romania, as well as Lebanon, went through hard times that affected their economic situation, political stability and confidence for the future. It is time to get back together. Both our countries are strategically located. Anyone who wants to do business in the European Union can and must see Romania as a gate for access. Also Asia Minor and the Middle East are no better represented as economic opportunities than Lebanon.
The European Development Platform (E.D.P.) was established with the goal of accomplishing a dual attribute, as a Romanian entity by creation and European by vocation. E.D.P. brings together privately and publicly held companies, from all sectors of the Romanian economy, NGOs and distinguished individuals from Romania, European Union and candidate countries.
This platform for dialogue is based on generating debates and meetings between local and foreign business groups in order to initiate and contribute to an interactive dialogue on current issues, aiming to provide economic smart solutions, to support the implementation of economic projects and partnerships.
There is already a history of E.D.P. that validates the approach of those who initiated it. Thematically richness of the events organized, honorable participation, and reactions abroad and in Romania, illustrated in the media, are an encouragement to continue and strengthen this approach. As such, we initiated the programme Economic Synergies, and the first mission of the project is in Lebanon.
The platform is open to all organizations that share its vision and philosophy of action. Although it is a private organization, E.D.P. is to serve the public interest, the interests of Romanian society, being driven by European values, the spirit that brought peace and economic recovery, which promoted democracy in Europe.
1His Excellency, Mr. Daniel Tnase, Romanian Ambassador to Lebanon, felt honored and pleased to be part of this event; he sincerely congratulated the European Development Platform for their initiative and thanked the Lebanese partners for the hospitality shown to the Romanian delegation. We sincerely value these initiatives, as, on one hand, Lebano