Pakistan encourages Japanese investors

Islamabad: In the First week of September Japan’s State Minister for Foreign Affairs Kazuyuki Nakane called on Prime Minister Imran Khan and Foreign Minister Shah Mehmood Qureshi. Kazuyuki Nakane congratulated PM Khan on assuming office. The Prime Minister expressed desire to work closely with Japan to expand bilateral cooperation in all areas, particularly in trade, investment, economic and human development. He recalled that JETRO in its 2018 report has recognized Pakistan as one of the top friendly destinations for Japanese investment.
PM Khan discussed avenues of ‘Multi-Faceted cooperation between the two sides’ including cooperation in health sector, education and skill development and extended an invitation to PM Japanese Prime Minister Shinzo Abe to visit Pakistan.
Foreign Minister Qureshi invited Japanese investment in Special Economic Zones (SEZs) and assured facilitation to Japanese investors in all the sectors. Foreign minister emphasized the need to correct the balance of trade, which is currently heavily tilted in favour of Japan,” the statement said, adding: “They agreed to explore ways in which bilateral economic cooperation can be strengthened.” The spokesperson said that Nakane informed that the next round of Joint Government Business Dialogue would also be held during this year.
He acknowledged the setting up of weather surveillance radar in Multan city which has extended the scope of disaster mitigation and management.
Japanese State minister extended invitation to the Foreign Minister Qureshi to visit Japan at his earliest convenience.