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Friday, April 26, 2024

Germany to promote the textile industry in Pakistan

An agreement to the effect of textile promotion was signed in Islamabad by Secretary Ministry of Economic Affairs Noor Ahmed on behalf of Pakistan and German Ambassador to Pakistan Bernhard Schlagheck.

According to this agreement, Germany will provide Pakistan technical assistance worth 1.95 billion rupees to promote resilience against impacts of natural disasters and improvement of labour, social and environmental standards in the textile industry.

The project “Promoting Resilience against Impacts of Natural Disaster in Pakistan” aims 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” aims to improve the framework conditions for the implementation of labor standards in Punjab.

The German Ambassador expressed his desire to enhance economic cooperation with Pakistan in the future. Mr. Noor Ahmed thanked the German government for the grant of technical assistance in priority areas of Pakistan.

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