File - People shop in Hamra. (The Daily Star/Hasan Shaaban)
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After a 2-1/2-year presidential vacuum, Lebanese business leaders expressed an unusual optimism after the election of Michel Aoun as Lebanon's 13th head of state.Chammas said the presidential elections came at the very right time because the fourth quarter of the year usually represents around 40 percent of trade activity.Chammas added that he felt very optimistic especially that Aoun promised, in his speech and following the constitutional oath, to focus on the economy by drafting a long term economic strategy to help the various economic sectors. Gemayel added that he is also optimistic about the president's new economic strategy that will focus on the different economic sectors.Adnan Kassar, chairman of the General Union of Arab Chambers of Commerce, Industry and Agriculture, said that the election of President Aoun will definitely have positive effects on the various economic sectors.
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