Pakistan welcomes Japanese companies to invest in Pakistan: PM Abbasi

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ISLAMABAD Takashi Kurai, Ambassador of Japan to Pakistan called on Prime Minister Shahid Khaqan Abbasi today at Islamabad.

 

Prime Minister said that Pakistan regards Japan as a close friend and a reliable economic partner. Prime Minister highlighted the significant improvement in the economic and security environment of Pakistan and attributed it to the successful law enforcement operations against terrorist groups.

 

Emphasizing on bilateral relations, Prime Minister said that Pakistan looks forward to greater level of cooperation between the two countries particularly in the areas of trade, investment, infrastructure, energy and people to people contact.

 

Prime Minister stated that Japan may consider a 3-4 year exception for Pakistani textiles under Temporary Tariff Measures to bring Pakistan at par with its competitors which enjoy free access to Japanese market.

 

Prime Minister also welcomed companies from Japan to invest in Pakistan that would enhance the capacity of Pakistan industrial sector to produce value added goods.

 

Ambassador of Japan appreciated Pakistan’s economic growth and stated that Pakistan’s perception particularly in Japan has changed to a business-friendly country.

 

The Ambassador further added that Japan gives importance to investment security, infrastructure and business friendly environment and in all three aspects Pakistan has achieved marked improvement.

Originally published by NNI