Import and export of goods with Lebanon — a bilingual EN/RU contract in 5 minutes. CISG not ratified, settlements in USD
Choose contract type →Four contract types — for any deal structure with a Lebanese partner
A Russian company purchases goods from a Lebanese supplier: food products, jewelry, textiles, cosmetics.
A Russian company exports grain, metals, petroleum products, and fertilizers to Lebanon.
A contract for services from Lebanese companies: finance, healthcare, IT.
A contract for services to Lebanese clients: construction, IT, education.
Key terms to reflect in the contract
Lebanon has not ratified the CISG. The Lebanese Code of Obligations and Contracts (1932, of French origin) applies — specify the governing law explicitly.
No CISG · specify lawThe Lebanese pound (LBP) has undergone one of the world's largest hyperinflations (2019–2023). All international contracts are settled exclusively in USD.
USD · LBP hyperinflationSince 2019, Lebanese banks have restricted cash withdrawals and transfers. SWIFT payments may be delayed. Agree on the payment mechanism in advance.
Banking crisis · LebanonA Russian resident is required to repatriate proceeds within the contract's deadlines. For non-standard settlement schemes, consult your bank.
173-FZ · special regimeAnswers to the most common questions
Lebanon is a traditional trade and financial hub of the Middle East, currently navigating an economic crisis. Russia is one of the key suppliers of grain to the Lebanese market.
The contract should include the Commercial Registration Number issued by the Lebanese Ministry of Finance, along with the company's full name and address. Verification is available via finance.gov.lb.
Lebanon has not ratified the CISG. The Lebanese Code of Obligations and Contracts (1932, of French origin) applies. For dispute resolution, the Lebanese Arbitration Center (LAC) or the ICC (Paris) is recommended.
USD only. The Lebanese pound (LBP) has lost more than 90 times its value since 2019. SWIFT transfers via Lebanese banks are possible but require advance coordination due to the banking crisis.
The Port of Beirut is still recovering from the 2020 explosion. An alternative is the Port of Tripoli. From Novorossiysk via the Mediterranean Sea — 5–8 days.