Lebanon’s economy hit by Syrian unrest
Prices of goods soar and tourism is hit in neighbouring state as Damascus continue its crackdown on protests.
Published On 29 Nov 2011
Lebanon has announced that it will not comply with the Arab League’s decision to impose economic sanctions on its neighbour Syria.
With trade between the two countries amounting to an estimated $4.5bn a year, Lebanon’s economy has been negatively impacted by the unrest in Syria.
The prices of fruit and vegetables have soared, while the tourism sector has also been hurt by the Syrian government’s crackdown on protests.
Al Jazeera’s Rula Amin, reporting from Beirut, examines the close economic ties between the two countries.
Source: Al Jazeera