The European Union will offer economic aid for Lebanon when the head of the bloc's executive and the Cypriot president jointly visit Beirut on Thursday, a Cypriot official said on Tuesday.
EU member Cyprus has grown increasingly concerned at a sharp increase in the number of Syrian refugees making their way to the Mediterranean island. Lebanon, a mere 100 miles (185 km) away from Cyprus, hosts hundreds of thousands of Syrian refugees.
"The President of the European Commission will present an economic aid package for Lebanon," Cypriot government spokesperson Konstantinos Letymbiotis said in a statement.
President Ursula von der Leyen, due in Cyprus on Wednesday, would jointly travel to Beirut with the Cypriot President, Nikos Christodoulides on Thursday morning.
Discussions would focus on challenges Lebanon presently faces and stability reforms it needs, Letymbiotis said.
Nicosia has lobbied the bloc for months to extend aid to Lebanon similar to deals the EU has with Türkiye, Tunisia, and more recently, Egypt.
"The implementation of this (package) was at the initiative of President Christodoulides and the Republic of Cyprus and is practical proof of the active role the EU can play in our region," Letymbiotis said.
Lebanon, in the throes of an economic meltdown since 2019, has not enacted most of the reforms required by the International Monetary Fund to get access to its funding, but has asked friendly countries to continue backing it.
Some Lebanese officials have used the growing presence of migrants and refugees in the country as a bargaining chip, threatening to stop intercepting migrant boats destined for Europe unless Lebanon received more economic support.
Cyprus took in more than 2,000 Syrians who arrived by sea in the first quarter of this year, compared to just 78 in the same period of last year. Earlier this month, it took the unprecedented step of dispatching patrol vessels to international waters off Lebanon to discourage crossings and said it was suspending the processing of asylum applications from Syrians.
