*ISLAMABAD – Pakistan and European Union have inked two key accords.*
*The Economic Affairs Division Secretary Noor Ahmed and the European Union(EU) ambassador to Pakistan Jean Francois Cautain on Friday signed twofinancing agreements, ‘Development through Enhanced Education Programme(DEEP)’ and “Growth for Rural Advancement and Sustainable Progress(GRASP)’, worth €100 Million.*
According to a statement released from the ministry, Pakistan and the EUhas a long history of development cooperation and the financing agreementsare part of the multiannual Indicative programme (2014-2020) signed betweenEU and Pakistan.
GRASP is a six year programme that contributes to the reduction of povertythrough development of rural SMEs thereby, creating gender inclusiveemployment and income opportunities in the rural areas of Sindh andBalochistan through targeted support to both the public and privatesectors. It is a grant amounting to Euro 50 Million, reads the statement.
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While DEEP aims to contribute towards universal access to quality educationin Sindh, enabling young people to progress and engage in productiveemployment or higher/vocational education. It aims to support theimplementation of the Educational Policy of the Government of Sindh and isalso a grant amounting to Euro 50 Million.
