Pakistan, Germany ink deals worth €45m

Target climate, economy and social welfare to boost partnership

ISLAMABAD:

Pakistan and Germany on Wednesday signed Euro 45 million assistance agreements on Technical Development Cooperation for starting new bilateral cooperation projects.

Dr Kazim Niaz, Secretary for Economic Affairs Pakistan, and Alfred Grannas, German Ambassador to the Islamic Republic of Pakistan, witnessed the ceremony for the signing of Euro 45 million agreements on Technical Development Cooperation for starting new bilateral cooperation projects, said a press issued here.

The new agreements are the result of a longstanding and trustful partnership between the two countries. The newly commissioned projects align with the German development cooperation thematic areas of climate and energy, just transition; sustainable economic development, training and employment; health, social protection and population policy.

Read Germany announces €163m aid for Pakistan

All ongoing and new projects work hand in hand with a holistic approach to effectively tackle complex and global challenges like climate change and inclusion of vulnerable groups such as women and youth.

Ambassador Alfred said that, “The German-Pakistani development cooperation has left its footprints in the country. With the agreement we signed today, we aim to continue our joint path towards a sustainable future in Pakistan.” Recently Svenja Schulze, German Minister for Economic Cooperation and Development, said “International cooperation doesn’t just help others. Above all, it helps us, because global problems can only be solved together.”

Niaz said that, “We deeply appreciate the strong support that we have received on technical development cooperation.”

Published in The Express Tribune, February 8^th, 2024.

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