Federal Minister for Economic Affairs, Mr. Ayaz Sadiq warmly welcomed Mr. Thomas Seiler, Charge d’ Affairs of the European Union (EU) Delegation in Ministry of Economic Affairs in Islamabad today. Matters of mutual interest were discussed in the meeting.
The Honorable Minister Ayaz Sadiq appreciated the support of EU in providing economic assistance for the development projects in Rural Development, Natural Resource Management, Education and Human Resource Development and giving GSP+ status to Pakistan. Mr. Thomas also acknowledged the economic potential of Pakistan and appreciated the commitment of the Government of Pakistan for working in greater collaboration with the EU.
Minister further appreciated the adaption of Multi Indicative Programme (MIP) 2021-2017 for Pakistan amounting 265 Million euros including development cooperation in areas of green Inclusive Growth, Human Capital, Governance and Support Measures.
The importance of peace and security in Afghanistan for stability in Pakistan was also discussed in the meeting. As Minister stressed that engagement on this matter is the need of the hour owing that the spillover is too dangerous for the overall development of the country.
Minister further expressed the need to extend the areas of cooperation and assistance in new avenues especially in newly merged district of FATA to ensure equal participation in inclusive growth of Pakistan.
He also proposed cooperation in sectors of Human Resource Development through initiatives in Education and Skills Development along with strengthening SMEs. Minister further stated his desire to the EU to initiate On-Budget projects with greater involvement of the Government of Pakistan.
Minister assured future collaboration and expressed gratitude to Mr. Seiler for taking out his precious time and visiting the Ministry to discuss matters of mutual interest.
The meeting was attended by the officials from the European Union and Senior officials of the Ministry.
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