- September 21, 2026
- Posted by: Tresmark
- Category:
Pakistan and the European Union have signed three grant agreements worth a combined €65 million (around Rs20.64 billion) to support investment, energy resilience and the business environment.
The agreements were signed by EU Ambassador to Pakistan Raimundas Karoblis and Secretary of the Economic Affairs Division Muhammad Humair Karim.
The funding, provided under the EU’s Multiannual Indicative Programme 2021–2027, will finance three initiatives:
Global Gateway Development Facilitation for Pakistan: Focused on improving the tax system, strengthening long-term financial planning and creating a more supportive environment for foreign investment.
Energy and Natural Environment Resilience in Khyber Pakhtunkhwa: Aimed at expanding renewable energy access in off-grid rural areas while building capacity to attract private investment into the province’s energy sector.
EU Support to the Rule of Law and Business Environment: Designed to improve access to police, prosecution, courts and legal aid in KP and Balochistan, while supporting alternative and commercial dispute resolution mechanisms in Punjab and Sindh.
The EU said the package reflects its continued support for Pakistan’s economic and energy development, investment ambitions and institutional reforms.
