4. Legal Risks
In addition to the legal aspects developed in the first section, it is essential to be acquainted with a basic knowledge of the most common risks which may arise after you embark on your export journey.
Intellectual property rights infringement
When you export from Lebanon, you don’t get the protection granted by your IP rights and trademark registration in Lebanon. In a foreign country, these protections may mean little, if anything. In most countries, protection is only obtained by registering these rights and trademarks with the proper authority in that country.
With that being said, you will need to protect your copy rights in countries in which you plan to do business and renew it after it expires or whenever you make a substantive change to your invention, logo, or content during the development cycle. This strategy helps you obtain the broadest possible protection.
Moreover, there are several law firms in Lebanon that specialize in foreign IP protection and registration. It is worth noting that the only multinational intellectual property right protection is done through the WIPO
International Dispute Resolution
Nowadays, arbitration is most commonly used for the resolution of commercial disputes, particularly in the context of international commercial transactions (International Commercial Arbitration). International arbitration is the process of resolving disputes between or among transnational parties through the use of one or more arbitrators rather than through the courts. Arbitration requires the agreement of both you and your trade partner through a specific binding arbitration clause usually stipulated in the trade contract or business agreement. Consequently, the lawyer you designate to assist you throughout your journey can provide guidance on either the clause drafting or the arbitration process itself. In Lebanon, the Chamber of Commerce, Industry, and Agriculture of Beirut and Mount Lebanon have established the Lebanese Arbitration and Mediation Center
that provides administration and monitoring services for arbitration and mediation proceedings in Lebanon.