Press Release: Lebanon: Commission pledges EUR 42 million for early recovery

On 31 August 2006, European Commissioner for External Relations and European Neighbourhood Policy, Benita Ferrero-Waldner will participate in the International Donor Conference on Lebanon in Stockholm, where she will pledge €42 million as a first contribution to Lebanon’s recovery and rehabilitation efforts. In line with the Lebanese Government’s requests for assistance, the Commission’s package includes technical assistance to the government for the reconstruction process, focussing on infrastructure and environment; support for rule of law and improved internal security; and support for the Lebanese private sector to help relaunch the economy. This package demonstrates the Commission’s commitment to provide assistance to Lebanon not only in immediate reconstruction work, but also by laying the groundwork for a longer term recovery through support for crucial political and economic reforms. The pledge brings the total made available by the European Commission in the immediate aftermath of the recent conflict to over €100 million (including humanitarian assistance). The Commission will continue to support Lebanon as the reconstruction programme progresses.