EU Announces $1 Bn In Aid For Lebanon To Shore Up Economy
Umer Jamshaid Published May 02, 2024 | 03:00 PM
Beirut, (APP - UrduPoint / Pakistan Point News - 2nd May, 2024) EU chief Ursula von der Leyen on Thursday announced $1 billion in aid for Lebanon during a visit to the crisis-hit country and urged it to tackle illegal migration to the bloc.
The European Union has already agreed deals with Tunisia, Mauritania and other countries to stem flows of irregular migrants.
"I can announce a financial package of $1 billion for Lebanon that would be available from this year until 2027," von der Leyen said, adding that "we want to contribute to Lebanon's socio-economic stability".
The European Commission president said the aid was designed to strengthen basic services such as education and health in the country mired in a severe economic crisis.
She called for the adoption of reforms, saying: "Lebanon needs a positive economic momentum to give opportunities to its businesses and citizens.
"
Von der Leyen said the EU was committed to maintaining "legal pathways open to Europe" and resettling refugees to the bloc, but added that "at the same time, we count on your good cooperation to prevent illegal migration and combat migrant smuggling".
Lebanon's economy collapsed in late 2019, turning the country into a launchpad for migrants, with Lebanese joining Syrians and Palestinian refugees making perilous voyages bound for Europe.
The authorities in Beirut say Lebanon currently hosts around two million people from neighbouring, war-torn Syria -- the world's highest number of refugees per capita -- with almost 785,000 registered with the United Nations.
"We understand the challenges that Lebanon faces with hosting Syrian refugees and other displaced persons," said von der Leyen, adding the EU had supported Lebanon with 2.6 billion Euros to host those people.
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