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Howayek to LBCI: Saudi Arabia used to import 16% of total agricultural exports-[VIDEO]

02-11-2021 | 06:42

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Howayek to LBCI: Saudi Arabia used to import 16% of total agricultural exports-[VIDEO]

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Head of the Lebanese Farmers Association Antoine Howayek underlined on Tuesday during an interview with Nharkom Said TV show on LBCI that a major disaster will shape up after the Saudi decision to stop Lebanese imports.

He also confirmed that “the Kingdom of Saudi Arabia imports 16% of total agricultural exports, which means 50,000 tons out of 315,000 tons.”

Regarding the citrus season, he stressed that “it is an essential season as a large part of the production is mainly devoted to export, the reason why preventing Lebanese imports will lead to a catastrophe at this level, furthermore to a decline in prices and a depression.”

“There are no new markets for agricultural production, especially for citrus, so quantities will be put in the Lebanese markets, and prices will collapse accordingly,” Howayek pointed out.

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