Germany To Provide $14m Technical Assistance To Pakistan For Promoting Their Textile Industry
Image Courtesy of VDMA
December 24, 2020 : Germany will provide Pakistan technical assistance worth 1.95 billion rupees for promoting resilience against impacts of natural disasters and improvement of labour, social and environmental standards in textile industry.
An agreement to the effect was signed in Islamabad on Thursday by Secretary Ministry of Economic Affairs Noor Ahmed on behalf of Pakistan, and German Ambassador to Pakistan Bernhard Schlagheck.
On this occasion, the two sides reiterated their resolve to further strengthen bilateral cooperation.
Noor Ahmed thanked the German government for the grant of technical assistance in priority areas of Pakistan.
The German Ambassador expressed his desire to enhance the economic cooperation with Pakistan in future.
The aim of the project "Promoting Resilience against Impacts of Natural Disaster in Pakistan" is to technically equip the disaster management authorities to support in development planning and implementation to reduce disaster risks.
Furthermore, the project "Improvement of Labour, Social and Environmental Standards in Pakistan Textile Industry" is aimed at improving the framework conditions for the implementation of labour standards in the province of Punjab.
