Chairman & CEO of Japan External Trade Organization (JETRO), Hiroyuki Ishige held a meeting with the Adviser to Prime Minister on Commerce, Textiles, Industries, Production & Investment, Abdul Razak Dawood. This was the first visit of Hiroyuki Ishige, as chairman JETRO, to Pakistan. Both sides discussed matters of mutual interest and agreed on the need of increasing investment and technical cooperation. Ishige mentioned that according to a survey of active Japanese companies that JETRO carries out every year, the interest of business expansion has been consistently rated very high from Pakistan. He said the reasons behind the chronic trade deficit of Pakistan are the rupee depreciation and the depleting foreign exchange reserves.
JETRO is the trade, investment and technical cooperation promotion arm of the government of Japan. JETRO provides a wide range of services, such as timely market intelligence, extensive business development support, and relevant business events, designed to encourage new business between foreign companies and Japan. JETRO also provides current information on the laws and regulations surrounding new business operation in Japan to assist companies in expanding their business to Japan.
Among the 74 overseas offices of JETRO, JETRO Karachi office is the third oldest and has been actively contributing towards the economic growth of Pakistan and Japan since the last 65 years. It includes research and dissemination of its results, promotion of investment, dispatch of missions, and organizing trade fairs. The information publicized by JETRO has a significant impact on Japanese investors.
Last December JETRO held a Pakistan investment seminar in Tokyo along with the Pak-Japan Government & Business Joint Dialogue. As an outcome of the Joint Dialogue, JETRO Karachi is working for the collaboration in the information technology sector, between Japan and Pakistan
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