ISLAMABAD, Pakistan: A visiting delegation of European Investment Bank (EIB) met Pakistan’s Ambassador to the European Union, Belgium and Luxembourg Amna Baloch at the Ministry of Foreign Affairs in Islamabad on Thursday.
In the meeting, the two sides discussed the ongoing engagements of EIB in Pakistan and the enhancement of bilateral cooperation.
Amb @amnabaloch4 welcomed @EIB delegation visiting and discussed:
Ongoing engagements of EIB in
Pathways for cooperation@ForeignOfficePk @Bankininkas pic.twitter.com/HJaFt70qdU
— Pakistan Embassy Belgium (@EmbassyPakBel) September 5, 2024
The EIB delegation led by the Head of Division for Asia & Pacific Edvardas Bumsteinas is visiting Pakistan for talks with key officials.
Earlier on Wednesday, the visiting delegation met the Federal Minister for Economic Affairs Ahad Cheema.
During the meeting, the delegation shown interest in several key projects including those financed by other international financial institutions such as the World Bank (WB) and the Asian Development Bank (ADB) and Asian Infrastructure Investment Bank (AIIB).
They were particularly keen on exploring opportunities to provide loans for a range of significant initiatives in Pakistan.
Additionally, the delegation was interested in water filtration and industrial water recycling projects in Karachi, which are vital for addressing urban water supply challenges, and in renewable and hydropower energy projects, which align with global trends towards sustainable energy solutions.