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This is the first of two articles on the impact of Lebanon's present security situation on commercial and nonprofit art spaces around BeirutOver the past three years the security situation in Lebanon has steadily declined.For commercial galleries, the biggest blow has been to the art market. ... There's not a lot of collectors in Lebanon, but the people who are able to buy art still buy.For commercial galleries with no overseas presence, however, international art fairs are becoming increasingly crucial as a means to generate income.Art Factum has added two art fairs to its annual schedule, Mardini said. Begdache took a stand at London's Art 14 for the first time earlier this year. International fairs have become crucial to staying afloat for many over the past three years. In the meantime, the Beirut Art Fair, the fifth edition of which is scheduled for September, has enticed curious international galleries to Lebanon, although few have made it an annual fixture. Abou Khater estimated that insurance costs for the work at Mark Hachem Gallery have increased by about 15 percent since 2010, but said insurers refused to pay for the damage done by the December bombing.
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