Germany to provide EUR 45 million support to Pakistan

Germany signed agreements with Pakistan to contribute 45 million Euros for bilateral cooperation in climate, energy, economic development, training, health, and social protection. The partnership aims to address global challenges and benefit both countries. The ongoing and new projects are aligned with German development cooperation thematic areas. The cooperation underlines a longstanding relationship and supports Pakistan’s socio-economic development.

Pakistan Germany cooperation, Pakistan and Germany
khabristan.pk
ISLAMABAD: Germany would provide 45 million Euros to Pakistan to initiate new bilateral cooperation in various sectors including climate, energy, sustainable economic development, training, health, social protection, and population.

The agreements were signed at a ceremony witnessed by Secretary of Economic Affairs Dr. Kazim Niaz and German Ambassador Alfred Grannas in Islamabad on Wedneday.

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.

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

Both parties highlighted the immense efforts taken in the past decades. The impact of the German development cooperation is proof for a successful cooperation targeting the development sectors in need. Germany stands Shana ba shana with Pakistan.

Ambassador Alfred Grannas: “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, our 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.

Secretary Dr Kazim Niaz: “We deeply appreciate the strong support that we have received on technical development cooperation. It would contribute to the Socio-economic development of the country”.

The German development cooperation has been supporting Pakistani Government initiatives for over 60 years. We work together with our partners in support of their socio-economic reform agenda contributing to a sustainable, crisis-proof development.

Therefore, the cooperation focuses on the core areas of ‘Climate and energy, just transition’, ‘Sustainable economic development, training and employment’, and ‘Health, social protection and population policy’. Our work contributes to achieving the Sustainable Development Goals and is implemented in line with the Pakistan-German cooperation agreements.

Source: ARY NEWS

Germany has pledged EUR 45 million to support Pakistan’s development in various sectors such as climate, energy, and health. The bilateral cooperation aims to address global challenges including climate change and the inclusion of vulnerable groups. This commitment builds on a long-standing partnership between the two countries and focuses on sustainable economic development, training, and employment. The German-Pakistani development cooperation, spanning over 60 years, has contributed to the socio-economic development of Pakistan and aligns with the Sustainable Development Goals.

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