European Commission vows more support to Pakistan

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2023-06-24T01:55:35+05:00 News Desk

President of the European Union Commission has assured support to Pakistan while appreciating the level of ongoing cooperation between EU and Pakistan, including GSP Plus, reported 24NewsHD TV channel.

The appreciation came during a meeting between Prime Minister Shehbaz Sharif and President of the EU Commission Ursula von der Leyen on the sidelines of the New Global Financing Pact Summit in Paris.

The Prime Minister thanked the President of the Commission for her participation in the Resilient Pakistan Conference held in Geneva on 9 January this year.

He conveyed Pakistan's commitment to continue working in close collaboration with the European institutions for rehabilitation and reconstruction in the flood-affected areas.

The Prime Minister appreciated high-level interactions between Pakistan and the EU and renewed invitation to the Commission President to visit Pakistan.

Recalling the importance of GSP Plus, the Prime Minister noted with satisfaction that it was on track and there was strong political commitment in that regard.

On this occasion, the EU Commission President lauded Pakistan's efforts to recover from the 2022 floods and assured continued support.

PM, IDB chief discuss new avenues of collaboration

Prime Minister Shehbaz Sharif has underscored that Islamic Development Bank's (IDB) beneficial partnership with Pakistan will go a long way in helping the people of the country to rebuild their lives and livelihoods after devastating floods last year.

He was talking to President of Islamic Development Bank, Dr. Muhammad Al Jasser, who called on him on the sidelines of the New Global Financial Pact Summit being held in Paris, France today.

The Prime Minister also emphasized on the partnership in support of the sustainable development objectives of the Government of Pakistan.

He lauded the Islamic Development Bank's announcement to provide 4.2 billion dollars support to Pakistan's post floods recovery.

During the meeting, the long-standing cooperation and engagement between Pakistan and Islamic Development bank was also discussed.

The Prime Minister and President of Islamic Development Bank took stock of the progress on various ongoing projects and exchanged views on new avenues of collaboration.

Shehbaz Sharif thanked Dr Al Jasser on behalf of the Government and people of Pakistan for Bank's participation in the International Conference on Climate Resilient Pakistan held in Geneva on 9 January 2023.

He acknowledged the personal contribution and leadership role of Dr. Al Jasser in galvanizing this huge volume of financial support.

The Prime Minister also briefed Dr. Al Jasser on the recently formed Special Investment Facilitation Council to streamline foreign investments in the country and provide a one-window solution to address all concerns of foreign investors.

He renewed the invitation to President of Islamic Development Bank to visit to Pakistan at his earliest convenience.

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