AGL 37.75 Decreased By ▼ -0.40 (-1.05%)
AIRLINK 129.26 Increased By ▲ 4.19 (3.35%)
BOP 7.39 Increased By ▲ 0.54 (7.88%)
CNERGY 4.65 Increased By ▲ 0.20 (4.49%)
DCL 8.40 Increased By ▲ 0.49 (6.19%)
DFML 38.50 Increased By ▲ 1.16 (3.11%)
DGKC 81.00 Increased By ▲ 3.23 (4.15%)
FCCL 32.70 Increased By ▲ 2.12 (6.93%)
FFBL 74.24 Increased By ▲ 5.38 (7.81%)
FFL 12.42 Increased By ▲ 0.56 (4.72%)
HUBC 109.50 Increased By ▲ 5.00 (4.78%)
HUMNL 13.98 Increased By ▲ 0.49 (3.63%)
KEL 5.05 Increased By ▲ 0.40 (8.6%)
KOSM 7.50 Increased By ▲ 0.33 (4.6%)
MLCF 38.30 Increased By ▲ 1.86 (5.1%)
NBP 71.81 Increased By ▲ 5.89 (8.94%)
OGDC 187.10 Increased By ▲ 7.57 (4.22%)
PAEL 25.35 Increased By ▲ 0.92 (3.77%)
PIBTL 7.36 Increased By ▲ 0.21 (2.94%)
PPL 151.06 Increased By ▲ 7.36 (5.12%)
PRL 25.15 Increased By ▲ 0.83 (3.41%)
PTC 17.10 Increased By ▲ 0.70 (4.27%)
SEARL 82.49 Increased By ▲ 3.92 (4.99%)
TELE 7.55 Increased By ▲ 0.33 (4.57%)
TOMCL 32.84 Increased By ▲ 0.87 (2.72%)
TPLP 8.50 Increased By ▲ 0.37 (4.55%)
TREET 16.50 Increased By ▲ 0.37 (2.29%)
TRG 56.49 Increased By ▲ 1.83 (3.35%)
UNITY 28.20 Increased By ▲ 0.70 (2.55%)
WTL 1.34 Increased By ▲ 0.05 (3.88%)
BR100 10,536 Increased By 446.8 (4.43%)
BR30 30,966 Increased By 1457.5 (4.94%)
KSE100 98,178 Increased By 3603.4 (3.81%)
KSE30 30,610 Increased By 1165.2 (3.96%)

Germany is to provide 200 million euros (290 million dollars) for Palestinian aid projects as part of its efforts to shore up the Mideast peace process, it was announced Sunday. The pledge will be made on Monday at an international donors conference taking place in Paris, German Economic Assistance Minister Heidemarie Wieczorek-Zeul said.
The funding will be available for the coming two years, she said in a statement. The minister said the development plan of the Palestinian Authority could only become a reality if certain conditions were met.
These included moving forward with the peace process, removing obstacles in the way of Palestinian economic development, a halt to the construction of Israeli settlements and overcoming the divisions within Palestinian society.
Wieczorek-Zeul said Germany wanted to contribute to improving the "wretched living conditions" of the Palestinians so that they saw a chance for a better future and would be prepared to forgo violence.
But development aid alone was no substitute for a political solution, said the minister, who is attending the Paris talks together with German Foreign Minister Frank-Walter Steinmeier.

Copyright Deutsche Presse-Agentur, 2007

Comments

Comments are closed.