During the seven-year period from 1993 to 1999, trade grew at a slow pace and could only reach US$55 million in 1999. However, after 2000 there has been a marked difference, especially with increased awareness and recognition in Lebanon of India’s economic, technological, political and strategic influence, its large manufacturing base, its strength in services, and its ability to remain relatively unscathed in the face of regional and international financial crises. The two-way bilateral trade till end-Dec 2012 is USD 370 million with the balance of trade predominantly in favour of country.