Khoury speaks during a press conference in Beirut, Thursday, June 7, 2018. (The Daily Star/Mohammad Azakir)
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A motion was issued Thursday morning at the Chamber of Commerce and Industry to ban not only wafers, biscuits and detergent from Turkey, but also the general import of secondhand clothing after nearly a decade of what industrialists consider unfair competition, exacerbated in recent months by the devaluations of some of these countries' currencies.We need to immediately protect our local producers," Khoury said, speaking before business owners and representatives from trade associations, who have been voicing frustration over a loss of customers, which they say in the long term, with the slowdown in production and closures of factories, means fewer job opportunities for the Lebanese.He noted that this was the first time the Lebanese government had taken such action, which it deemed necessary due to the severe impact on Lebanese producers, many of whom have reported a drop in business of more than 30 percent since 2011 . Within the same period, nearly 400 Lebanese factories out of around 5,000 closed, and Lebanon's exports went from $4.5 billion to $2.8 billion, a gap the government hopes to make up for with the new rules.
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