Germany to provide Euro 23.4mln technical assistance for social and technical sectors.

ISLAMABAD -- Pakistan and Germany Thursday signed an agreement for technical assistance under the PakistanGermany Development Programme worth Euro 23.4 Million, equivalent to PKR 3.9 billion. The Technical Cooperation Agreement was signed by Secretary, Economic Affairs Division, Noor Ahmed and Ambassador of Germany to Pakistan, Bernhard Stephan Schlagheck. Federal Minister for Economic Affairs, Muhammad Hammad Azhar witnessed the signing ceremony, according to press statement issued here. Technical assistance will be extended to projects in the area of social protection, technical and vocational education, support for local governance and improvement of labour and social standard in Pakistan's textile industry. According to the statement, these schemes were in line with the priority areas of the government and are geared towards impacting lives of the common people. Development cooperation between Pakistan and Germany dates back to 1961, with the funding volume to date totaling more than Euro 3 Billion.

The contracting parties emphasized...