Ogero Telecom building in Beirut. (The Daily Star/Mohammad Azakir)
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United Nations Conference on Trade and Development said that despite the liberal economy Lebanon still enjoys, there are still some sectors that need to be opened for local and foreign investors. UNCTAD indicated that there are no restrictions on the transfer of capital, profits and dividends to and from Lebanon.These findings were part of UNCTAD's Investment Policy Review of Lebanon.It called on the Lebanese government to revise the current investment law in order to formally shift the regulatory functions away from IDAL.
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