Germany, Pakistan sign 102.5m euro agreement


Pakistan and Germany Friday finalised the bi-annual government to government negotiations for calendar year 2013 and signed Eruo 102.5 million agreement for executing various new and existing projects in education, energy, governance and health sectors.
After the approval by Federal Cabinet, the signing of the agreement was carried out by Secretary Economic Affairs Division (EAD), Nargis Sethi and Director General Europe, Middle East and Asia; Multilateral Development Policy of the German Federal Ministry for Economic Cooperation and Development, Dr Uta Boellhoff here.
The geographical focal areas of cooperation remain in the provinces of Khyber Pakhtunkhwa (KP) and the Federally Administered Tribal Areas (FATA), said EAD press statement issued here.
In addition selected national programs and projects focusing on the metropolitan areas of and around Lahore and Karachi are in implementation, it added. German Development Assistance to Pakistan has contributed more than EUR 2.5 Billion since 1961.
On this occasion the Secretary EAD said that this Financial and Technical assistance, some of which has already started flowing, will enhance the efforts of federal and provincial governments in Pakistan in the fields of governance, basic education, basic health and renewable energy.