Pakistan, Germany sign €129 million worth of financial cooperation deal

ISLAMABAD: (HRNW) Pakistan and Germany on Tuesday signed a financial cooperation agreement worth €129 million.

Federal Minister for Economic Affairs Omar Ayub Khan witnessed the signing of agreement between the Ministry of Economic Affairs, Pakistan and the Federal Ministry for Economic Cooperation and Development, Germany.

The minister appreciated the German’s enhanced bilateral economic cooperation with Pakistan and expressed the two countries are longstanding development partners and congratulated both sides on completing 60 years of development cooperation.

The biennial negotiations on the development cooperation between the two governments were also held in the Economic Affairs Division, Islamabad.

The Pakistani delegation was headed by Mian Asad Hayaud Din, secretary, Economic Affairs Division and included representatives of the Ministry of Foreign Affairs, Ministry of Finance, Federal Board of Revenue and relevant provincial governments.

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