ISLAMABAD: Ambassador of Japan Kuninori Matsuda called on the Federal Minister for Economic Affairs Muhammad Hammad Azhar in Economic Affairs Division.
During the meeting, matters relating to bilateral economic cooperation, trade, investment and transfer of technology were discussed. Secretary, EAD Noor Ahmed was also present during the meeting.
Minister for Economic Affairs appreciated technical and financial assistance being extended by the Government of Japan. Talking on the occasion, he highlighted that after improved security situation, Pakistan was a safer country for investment and tourism. He expressed the hope that Japanese investors shall respond positively to the much improved investment conditions and ease of doing business in Pakistan.
The Ambassador of Japan briefed that JICA was working on various projects in Pakistan. He further informed that JICA was also preparing a project for provision of clean drinking water. He expressed that Japanese companies were taking keen interest to invest in agriculture, fisheries and automobile sector.
Furthermore, Pakistan has huge potential for export of agriculture products, especially mangoes as well as textile products to Japan. The Japanese side also showed interest for provision of two-step loan facility.
he Japanese Ambassador acknowledged the efforts of Economic Affairs Division for extending its continued cooperation and appreciated steps taken by the present government for revival of the economy of Pakistan.
The Minister for Economic Affairs appreciated the Government of Japan for their continued support. He emphasized to transform the economic cooperation into a much broader economic partnership of trade, technology and investment.
