Wednesday, July 16, 2008
Above the law
Fadi Abboud, the head of the Union of Industrialists explains the Law for the Protection of National Production. The law is is a WTO requirement, it was passed by parliament, decreed by the Ministry of Economy and Trade, but the previous minister Sami Haddad refused to implement. The law is effectively an anti-dumping and distortion correcting law, but the previous government refused to implement it. A government to the right of the WTO has been replaced by a government to the right of the right of WTO, while the Lebanese opposition politicians bicker for political posts and make populist declarations about sovereignty and independence.