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Saturday Newswatch, May 24, 2014
International Business Continued from Page 75
have witnessed tremendous progress, especially where there are convergence of interest in terms of eradication of colonialism, apartheid, support for the promotion of new world economic " & { # reformation of the United Nations Security Council. ) 8 & ( 1885 when Ilyas Khoury, from Northern 8 & ' & % Y step of Khoury on the Nigerian soil, the " "& 8 & in Nigeria had grown in leaps and & ! ( 8 & " 8 Kano where many of them had intermarried. Records of the Nigerian immigration service in 2008 put the population of 8 ƒ ƒƒƒ ! 8 # Nigerians who now hold the Nigerian passport. Market Challenges Y ! & 8 is relatively simple and open to all, & " &" & % ) ( " ' 8 2 " 5 & #&" " & % { (2 ` & ‚ƒ‡‚ " " & 8 †& ' ' steps and nine days, compared to the average of 8.2 steps and 20.9 days in the +| { % { ) "
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5 3 \ 4 8 ( ‡ „ & ‡Ó & ! ! ‡„ & ‚ƒ +| { & % " ' " & " & " 5 & " & $ & €& 5 high telecommunications charges, poor " ! ' ! & internet services, varying interpretation ! ( †& protection of intellectual property. 8 { 8 & % | ' ' 8 ( % ) { 8 & 2 ( X%Y% ' & 2 military or economic development.
! X%Y # regulations, U.S. companies may not certify that their products do not come % "" †& &"" " & & &
& Y & 3 Y4 X%Y% ` " % Market Opportunities ) & ` ' " ˆ & 3 `ˆ4 ' 2 5 & ' " € " € " & " € &" ' 5 & % + € projects lie in transportation, electricity, telecommunications, education, solid and water waste. In May 2000, parliament adopted a " ' 6 ! ! ( " ' 6 # ! " & " ' 6 & & ( " & % { \
` 2007, the government presented a master plan for reform that included the " ' 6 ! " " 5 ! ( electricity sector, the water sector, the national airline, and other governmentowned entities. Most of these plans % ) ‚ƒ‡‚ 5" $ ' "" &
Beirut
Lebanon: Where economy thrives on laissez-faire
for international companies. In the electricity sector, the Ministry of Energy 5" &" & %
Y " ‚ƒ‡‡ " " ü‡%‚ " & Ă?ƒƒ + % ) will create commercial opportunities worth hundreds of millions of dollars. The Ministry of Energy and Water is 5" ' ' ü‡ for water and waste water projects in the coming few years. Y ' "" & 5 8 2 $ 5" %
‚ƒ‡ƒ X%Y% Geological Survey estimated a mean ‡%Ă? ' ‡‚‚ & ' 8 ' Basin Province, which includes waters 8 Y ˆ "& " & %
‚ƒ‡‚ the Ministry of Energy and Water is 5" & & $ 5" projects. Market Entry Strategy " & 8 ' 8 & % { & ! ( & ' " 8
! ( ' ( "" " % U.S. companies do not need to visit 8 % ) X%Y% Commercial Service can help U.S. " " through the International Partner Search 3 \Y4 ' % + \Y & )
' ` ' " {& 8 3 `{84 "& " " ' 8 ’ # Stop Shop� service to issue permits and licenses for investors. Communication Styles ) 8 ' ’ & # …% ` ! physical contact is the cornerstones of 8 & % & from a culture where eye contact is less direct and contact not so prevalent, & % )
( conveys trust, sincerity and honesty. However, interestingly the situation is reversed when dealing with elders where prolonged direct eye contact is considered rude and challenging. 8 ' # confrontational communication style, which relates to the need to maintain
personal honour. They rely heavily on 5 5" & meaning of their words. The listener is 5" ( ! ! " % #' & & & you can more fully understand the responses you are given. " 8 " "& & ' & ! ( % ) ' & & 5" ' & % ~ ! ' ( & "& " & challenged, they will raise their voice and employ sweeping hand gestures in ' & " honour. Business Meetings ĂŤ) & & & 8 is multi-faceted, and also rapidly changing. The country is eager for foreign investment and many companies have adopted a Western approach to & % { companies may retain many Middle | " & & & % \& & 5"
The business culture in Lebanon is multifaceted, and also rapidly changing. The country is eager for foreign investment and many companies have adopted a Western approach to business. At the same time, smaller companies may retain many Middle Eastern aspects to their business culture
& % + ! $ $ % sipped, it is important to engage in some chitchat. This is important in order to "" & % Meetings are not necessarily private. ) 8 ' " # policy, which means that people may ! ( & " ! ( ( % " " †& &" % Meetings are generally conducted in { | % ( ! & ! & " arriving. You may wish to hire your own interpreter. Í 7 " " & & and special occasions. Í7 ' ! has provided a favour, to someone returning from a trip overseas, or simply out of want. Í) as important as what it represents – friendship. Í & ' 8 & * ! % ' & ! or pastries. Í ' +& good idea to say that the gift is for the host rather than the hostess. Í7 ! circles. Muslims though generally do not ( % Í{ & ! children is always a nice touch. Í7 ' ! % $ a gift with the left hand. � |
& ' 8 & for dinner: ĂŤ` ! % ĂŤ{' ' " ' such as politics, religion or the civil ! & & ( ! ( & % ĂŤ7 % ĂŤ8
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