Lebanon–Malaysia relations

Lebanon–Malaysia relations

Lebanon

Malaysia

Lebanon–Malaysia relations refers to bilateral foreign relations between Lebanon and Malaysia. Lebanon has an embassy in Kuala Lumpur,[1] and Malaysia has an embassy in Beirut.[2]

Economic relations

An agreement on avoidance of double taxation and fiscal evasion prevention including an agreement on bilateral investment treaty had been signed between the two countries.[3][4] Since 2007, Malaysian exports to Lebanon total around 84,708 and Lebanese exports at 8,419.[5] Malaysian exports including television parts, palm oil, clothing accessories, gas pumps and wood products, while Lebanese exports such as cocoa products, copper waste, book and hair products including packing containers.[5] However, in 2011, Lebanese exports decrease to 1,747 while Malaysian exports increase to 144,756.[5] In 2003, businessmen from both countries had forged a strategic partnership with the establishment of Malaysia Lebanon Business Council.[6] A Lebanese carmaker also has a presence in Malaysia.[7]

Security relations

Malaysia were one of the former peacekeeping contributors in Lebanon. During the mission, Malaysia has sent a total of 877 peacekeepers.[8]

References

  1. "Lebanese Embassies, Missions, Consulates, Honorary Consulates abroad" (PDF). Ministry of Foreign Affairs and Emigrants of the Republic of Lebanon. p. 13. Retrieved 4 May 2014.
  2. "Official Website of Embassy of Malaysia, Beirut". Ministry of Foreign Affairs, Malaysia. Retrieved 4 May 2014.
  3. "AGREEMENT BETWEEN THE GOVERNMENT OF MALAYSIA AND THE GOVERNMENT OF THE LEBANESE REPUBLIC FOR THE AVOIDANCE OF DOUBLE TAXATION AND THE PREVENTION OF FISCAL EVASION WITH RESPECT TO TAXES ON INCOME" (PDF). Inland Revenue Board of Malaysia. 1 January 2005. Retrieved 4 May 2014.
  4. "Bilateral Investment Treaty between Lebanon and Malaysia" (PDF). ASEAN Briefing. Retrieved 4 May 2014.
  5. 1 2 3 "Lebanon-Malaysia Trade Statistics" (PDF). Lebanese Customs. Ministry of Economy and Trade, Republic of Lebanon. Retrieved 4 May 2014.
  6. "Malaysia Lebanon Business Council formed". MMC. 17 October 2003. Archived from the original on 3 May 2014. Retrieved 4 May 2014.
  7. Brooke Anderson (26 October 2012). "Lebanese carmaker in Malaysia gives luxury new meaning". The Daily Star. Retrieved 4 May 2014.
  8. See United Nations Interim Force in Lebanon article.
This article is issued from Wikipedia - version of the 9/14/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.