Syria and Lebanon to unify custom tariffs by 2007

Published January 17th, 2002 - 02:00 GMT
Al Bawaba
Al Bawaba

The Syrian-Lebanese high committee is currently discussing the possibility of unifying the two countries’ customs tariffs by 2007. The future customs wall would create a single tax imposed on goods imported from other countries, reported Tishrin. The possibility of developing a joint customs authority at the border is also up for discussion.  

 

Syria will also resume providing Lebanon with 200 megawatts of electricity per month after a halt in supply in early January. An official source at the Electricite du Liban (EDL) stated that the power cut was the result of a breakdown in Syria's power stations in Aleppo and Al-Zara, however the Lebanese press attributed the electricity cut to EDL’s inability to clear a $120 million debt. — (menareport.com)

© 2002 Mena Report (www.menareport.com)