EU and Lebanon: course of relations

1. The Temporary Commercial Agreement entered into force in 2003.

2. The Association Agreement entered into force in 2006.
 


The Association Agreement covers the following areas:

  • Free circulation of goods
  • Financial cooperation
  • Economic and sectorial cooperation
  • Social and cultural cooperation
  • Cooperation in the audiovisual and information fields
  • Establishing a permanent political dialogue


3. An Action Plan, within the framework of the European Neighborhood Policy, was presented and agreed on in 2006. It stipulates, among other issues, the following measures:

  • Economic and social reforms and sustainable development
  • Trade, market and legislative reform issues
  • Cooperation in the fields of justice, freedom and security
  • Intervention in the fields of transports, energy and environment, including water
  • Information technology, media, research and development
  • Cultural interactions

Action Plan (French)

4. EU funding (European Commission) promised and paid in:

  • 1995 to 2006: € 300 million
  • 2007-2010: € 187 million (promised)

5. The European Investment Bank loans:

  • € 302 million (1996-2003)
  • € 697 million (2004-2009)

6. EU fields of action in Lebanon: economic reform, support to the export sector, training, support to SMEs, industrial sector modernization, educational reform, telecommunications reform, justice reform, police modernization, human rights, support to NGOs…

List of Projects

7. Beneficiaries: central authorities, local authorities, civil society, private sector (SME), Ministry of Finance, Ministry of Telecommunications, Ministry of Justice, Ministry of the Interior and other state departments…
 

8. Export to the UE (27 countries) :

Year 2003 2005 2007
Amount (€ Billion) 0.23 0.24 0.3
Export to the EU/Total export 18% 11.7% 13%


9. Import of UE (27 countries)
:

Year 2003 2005 2007
Amount (€ Billion) 3.5 3.2 3.3
Import from the EU/Total import 51% 41.5% 35%


10. European direct investments*
:

€ 182 million for the period 2003-2008, which constitutes approximately 3% of the foreign direct investments in Lebanon.

(*) From the following countries: Germany, Austria, Belgium, Denmark, Spain, Finland, France, Greece, Italy, The Netherlands, UK and Sweden. (Source: ANIMA-MIPO)