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Home Breaking News

Pakistan-Germany negotiations yield €114m development package

byCT Report
06/11/2025
in Breaking News, Islamabad, Latest News, Slider News
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ISLAMABAD:  Pakistan and Germany successfully concluded the 2025 Pakistan-Germany bilateral negotiations on development cooperation in Islamabad. The negotiations were co-chaired by Muhammad Humair Karim, Secretary, Ministry of Economic Affairs and Christine Toetzke, Director-General of the Federal Ministry for Economic Cooperation and Development (BMZ).

Ina Lepel, Ambassador of Germany to Pakistan, and Saqlain Syeda, Ambassador of Pakistan to Germany, also took part in the engagement, reinforcing the institutional ties and collaborative spirit between the two governments. Germany announced a new development commitment of Financial and Technical commitment to the tune of €114 million for the period of 2025–26, focusing on key areas as climate and energy (just transition), sustainable economic development and vocational training, and social protection. Secretary EAD, Karim appreciated the government of Germany for its sustained and valued support to Pakistan’s development in advancing renewable energy initiatives, fostering employment generation, and reinforcing social protection mechanisms. The need for continued alignment with Pakistan’s Economic Transformation Plan “URAAN Pakistan” was further urged.

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