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Salient Features Of The Kerry-lugar Bill

The Bill authorizes $1.5 billion per year primarily for economic assistance to Pakistan for five years and could be extended to subsequent five years i.e. 2015-2019.

FOR IMMEDIATE RELEASE

 
Speardhead Research
Speardhead Research
PRLog (Press Release) - Sep 30, 2009 -
1. Authorization

• The Bill authorizes $1.5 billion per year primarily for economic assistance to Pakistan for five years and could be extended to subsequent five years i.e. 2015-2019.

2. Acknowledgements

• The Bill acknowledges Pakistan as a critical friend and ally.

• It supports Pakistan’s struggle against extremist elements and recognizes the profound sacrifices it has made in the war on terror.

• It recognizes Pakistan as a major non-NATO ally and a valuable partner in the battle against Al-Qaeda and the Taliban.

• It calls upon the Administration to actively build mutual trust and confidence and consistently pursue a sustained, long-term, and multifaceted relationship with Pakistan, devoted to strengthening the mutual security, stability and prosperity of both countries.

3. Uses of Assistance

The Bill authorizes the President to provide assistance to Pakistan:

i) to support expansion of rule of law and capacity building of government institutions;
ii) to promote sustainable economic development;
iii) to support the building of democratic institutions;
iv) to support investment in people, including those displaced in ongoing counterinsurgency operations; and
v) to strengthen public diplomacy.

Read Complete Article :  http://www.spearheadresearch.org/phpBB2/viewtopic.php?p=2...

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Source:Spearhead Research
Country:Pakistan
Tags:, economic assistance, , 1 5 billion per year,
Last Updated:Sep 30, 2009
Shortcut:http://prlog.org/10358835
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