Trade Agreement In Lebanon

Agreements between economic operators of the Parties and the abuse of a dominant position by economic operators of the Contracting Parties shall be incompatible with the Agreement where they affect trade between the EFTA States and Lebanon. In such a case, a Party may refer the matter to the Joint Committee and take appropriate measures in the absence of agreement between the Parties concerned. The Agreement also provides for an exchange of information between the Contracting Parties on the application of their competition law. In November 2010, the EU and Lebanon signed a Protocol establishing a dispute settlement mechanism under the trade provisions of the Association Agreement. The pan-Euro-Mediterranean system of cumulation of origin was introduced in 2005. It brings together the EU, Lebanon and other partners in Europe and the Mediterranean to support regional integration through the establishment of a common system of rules of origin.