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Fransabank Organises Port Of Beirut Export To China

Fransabank organises port of Beirut export to China

Source: BCTC
Beirut, Lebanon (PortSEurope) July 28, 2017 – In July 2016, Fransabank organized a “One Belt & One Road to Beijing” in the Chinese capital where local companies and consumers were invited to experience Lebanese products and meet with Lebanese businesses. The event was attended by Fransabank Group Chairman Adnan Kassar. One result was a contract between the two countries for a delivery of Lebanese wine,
soap and oil to China, scheduled to arrive in August 2017. Adnan and Adel Kassar, Chairman and Vice Chairman of Fransabank Group, said, “Patience and perseverance are key to unlocking the door to the impressive Chinese market. We may not have a large enough quantity to cover the Chinese mass market, but we definitely have the quality products to meet Chinese interest.” Ibrahim Kaakour, General Manager of Lebanese GENCO Olive Oil, said that thanks to Fransabank the new trade opportunity had arisen with a huge potential market. Elie Maamari, Oenologist and Export Manager of Chateau Ksara stated: “We are proud to see our Ksara wine selection chosen by leading Chinese import companies, having met the interest and taste of top Chinese wine experts. We are glad that we participated in various Fransabank organized events and exhibitions in China and in Lebanon, especially that China is a very important and promising market for Ksara and all Lebanese products”. Sami Georges Saifan at Said Saifan Est whose soap was included in this shipment said, “We have been producing olive oil and olive oil soaps since 1939. We are now proud to introduce our products to the Chinese market. It is a great opportunity for the growth of our establishment”. Fransabank, a strategic partner with China, is committed to make Lebanon a key hub for China on the One Belt & One Road strategy where Chinese companies would base their regional headquarters in Lebanon. Such a hub is expected to see extensive Chinese investments in key infrastructures in Lebanon and is geared to play a predominant regional role especially as relates to the reconstruction and development of neighboring countries, along with pursuing project. Fransabank SAL provides retail, corporate, investment, and private banking services to individuals and businesses in Lebanon. Source: Fransabank Copyright (c) PortSEurope. All Rights Reserved. 2017.

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