The Government of Pakistan and the Government of Germany on Thursday signed a Technical Cooperation Agreement worth €40.5 million for the implementation of nine development projects.
The agreement aims to strengthen bilateral development cooperation in key sectors, including climate resilience, social protection, and renewable energy, according to an official statement.
Under the agreement, the German development bank KfW will provide financial and technical support for the implementation of nine new projects across Pakistan.
The agreement was signed by Secretary Economic Affairs Muhammad Humair Karim Kidwai and German Ambassador to Pakistan Ina Lepel during a ceremony attended by senior officials from the Ministry of Economic Affairs and representatives of the German Embassy.
Speaking on the occasion, Humair Karim Kidwai appreciated the continued support of the German government and KfW for Pakistan’s socio-economic development. He said both countries have maintained a strong development partnership since 1961, built on mutual trust and cooperation.
He noted that Germany remains one of Pakistan’s key development partners, with the current active bilateral portfolio standing at approximately €550 million.
Ina Lepel said Germany highly values its longstanding partnership with Pakistan and remains committed to supporting initiatives that promote sustainable and inclusive development.
She added that the new agreement reflects the shared commitment of both countries to addressing global challenges such as climate change, energy transition, and social vulnerability through practical cooperation and joint action.
The ambassador expressed confidence that the projects under the agreement would deliver meaningful benefits to communities across Pakistan and further strengthen relations between the two countries.
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