Resource information
According to a new World Bank report,
economic complementarities between Egypt, Turkey, Jordan,
Lebanon, Iraq, Syria, and the Palestinian Territories are
significant, with substantial welfare gains expected from
increased trade and investments and, ultimately, economic
integration. With a population of 224 million, a land area
of 2.4 million km, a nominal GDP of 1.4 trillion dollars,
and close to major markets and transportation corridors,
these New Levant countries have significant economic
weight and promise. There are opportunities from deeper
regional integration to derive significant benefits from
economic complementarities and greater competitiveness.
