Trucks leave a ship at the port in Beirut, Wednesday, May 27, 2015. (The Daily Star/Mohammad Azakir)
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Lebanese economists and representatives of the private sector do not see any significant impact of Turkey's attempted coup on the Lebanese economy.Wazne explained that Lebanon's economic relationship with Turkey focuses mainly on trade and the tourism activity from Lebanon to Turkey.Wazne added that Lebanese investments in Turkey are very minimal and this is why there will be no significant impact on the local economy for the time being.Echoing Wazne, Nassib Ghobril, head of the Economic Research and Analysis Department at Byblos Bank told The Daily Star that the Turkish crisis will not have any lasting impact on the Lebanese economy.The only Lebanese banks operating in Turkey are Bank Audi and BankMed.
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