EU, Pakistan Sign €65 Financing Agreements
ISLAMABAD, (APP - UrduPoint / Pakistan Point News - 21st Sep, 2026) The European Union and Pakistan, here on Monday, signed €65 million in financing agreements to support global gateway investments, strengthen the rule of law and business environment, and enhance energy and environmental resilience.
The programmes include:
- 'Global Gateway development facilitation for Pakistan'
- 'Energy and Natural Environment Resilience in Khyber Pakhtunkhwa'
- 'EU Support to the Rule of Law and Business Environment in Pakistan'
This cooperation package operationalises the EU and Pakistan’s shared commitment to promoting economic and energy development and advancing the rule of law, according to a press release issued by Economic Affairs Division.
The agreements were signed by the EU Ambassador to Pakistan, Raimundas Karoblis and Secretary Economic Affairs Division, Muhammad Humair Karim.
Funded under the EU’s Multiannual Indicative Programme 2021-2027, the initiatives focus on three main aspects of Pakistan’s development.
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'Global Gateway development facilitation for Pakistan: Investment Management and financial enabling environment' aims to attract more foreign investment to Pakistan by improving the tax system and strengthening the government's long-term financial planning.
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'Energy and Natural Environment Resilience programme in Khyber Pakhtunkhwa (KP)' is designed to expand renewable energy in rural communities not connected to the electricity grid. It will also provide training to help attract private investment and increase private sector involvement in KP's energy sector.
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'EU Support to the Rule of Law and Business Environment in Pakistan' will further assist people in accessing police, prosecution, courts, and legal aid in the provinces of KP and Balochistan. The programme will also support Punjab and Sindh in expanding the use of alternative and commercial dispute resolution mechanisms in legal cases, encouraging more European and other companies to invest.
The EU’s development cooperation with Pakistan remains focused on economic development, climate resilience, governance and rule of law, human rights, and sustainable natural resources.
Karim expressed his appreciation for the EU’s continued support and partnership, highlighting the timely nature of the interventions and their strong relevance to Pakistan's goals.
"These agreements demonstrate the EU’s commitment to supporting Pakistan’s economic development and investment ambitions under our flagship Global Gateway initiative," said Ambassador Karoblis.