SYRIAN CIVIL WAR DISRUPTS TOBACCO MARKETS AND INDUSTRY IN SYRIA AND NEIGHBOURING LEBANON
July 5th, 2014
SYRIA’S civil war has led to a major reduction in tobacco production in the country and a rise in smuggling of tobacco products, but at the same time the national tobacco company's profits have surged due to the lack of competition from foreign brands.The General Organisation of Tobacco (GOT), which is owned by the government and has a monopoly over the production and distribution of cigarettes in Syria, stated it produced only 6,477 tonnes of cigarettes in 2013, a year-on-year annual decline of 41%, according data supplied to business publication Syria ...
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