Pakistan, Germany ink €40.5m agreement for technical development

May 22, 2026 (MLN): Pakistan and Germany have entered into a €40.5 million Technical Cooperation Agreement to implement nine sweeping development projects across Pakistan.

Designed to strengthen bilateral cooperation, the initiative targets critical sectors, including climate resilience, renewable energy, and social protection.

Under this framework, the German Development Bank, KfW, will provide both the financial and technical backing required to roll out these nationwide development efforts, according to a press release issued.

The agreement was officially formalized during a signing ceremony led by Pakistan's Secretary of Economic Affairs, Muhammad Humair Karim Kidwai, and the German Ambassador to Pakistan, Ina Lepel.

The high-level meeting brought together key stakeholders, with senior officials from the Ministry of Economic Affairs and various representatives from the German Embassy in attendance.

During the event, Secretary Kidwai lauded the German government and KfW for their pivotal role in Pakistan’s socio-economic advancement.

Highlighting a foundational partnership built on mutual trust that dates back to 1961, he noted that Germany stands as one of Pakistan’s most vital development partners, currently maintaining an active bilateral portfolio of approximately €550 million.

Ambassador Lepel reinforced this enduring alliance, emphasizing Germany's dedication to sustainable and inclusive development.

She stated that the new agreement highlights a mutual readiness to tackle pressing global issues like climate change, social vulnerability, and energy transitions.

Ambassador Lepel expressed strong confidence that this practical cooperation will bring tangible, meaningful benefits to local communities while further cementing the historic ties between the two nations.

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