Pakistan, Sept. 21 -- Pakistan and the European Union have signed agreements worth €65 million for three major development programmes. The agreements will focus on investment, energy, environmental sustainability, the rule of law and the business environment. Meanwhile, Economic Affairs Secretary Muhammad Humair Karim and EU Ambassador Riina Kionka signed the agreements. Together, the programmes mark a new phase in economic cooperation between Pakistan and the EU.

First, one programme will operate under the EU's Global Gateway initiative and focus on attracting foreign investment to Pakistan. In addition, it will seek to increase interest among European and other international companies. The programme will also support improvements...