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Foreign investments slip as Lebanon remains in crisis

In addition to stability and electing a president, a series of reforms is necessary to stop the regression of Lebanon’s economy.
Traders are seen busy working in Audi Bank's dealing room before the end of Beirut's stock exchange trading session in Beirut, Lebanon in this April 3, 2006 file photo. Picture taken April 3, 2006.  REUTERS/Jamal Saidi - RTR1CEXZ

The World Investment Report, published in June 2014 by the United Nations Conference on Trade and Development (UNCTAD), came as no surprise to the Middle East. Most of the countries there have not sustainably regained the pace of growth in their foreign direct investment (FDI) and failed to recover for the fifth consecutive year. This is due to political tensions all across the region and the fog they create over the investment environment, holding back investors.

One of the causes of the regression, despite the global upward trend, is the lack of economic integration among Middle Eastern countries and the persistence of trade and tariff barriers.

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