LEBANON LOSES LUSTER AS MARKETING HUB

  • Middle East Newsline
  • November 27, 2001
NICOSIA [MENL] -- Lebanon is losing its promise as a marketing hub forWestern defense firms. Defense industry sources said several European defense companies havesuspended plans to explore establishing offices in Beirut as part of a driveto increase sales in the Middle East. The sources cite the global economicslump as well as heightened tension in Lebanon.
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