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Pakistan, Japan desire to further strengthen bilateral economic ties

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Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, here on Thursday reaffirmed Pakistan’s commitment to maintaining the trust and credibility of its bilateral and multilateral development partners, including Japan.

The minister was talking to Japanese Ambassador to Pakistan, Akamatsu Shuichi who called on him here, according to press release issued by finance ministry. He welcomed Akamatsu on assuming his diplomatic responsibilities in Islamabad, commending Japan’s longstanding partnership with Pakistan.

Aurangzeb expressed appreciation for Japan’s diplomatic, economic, and technical support and urged Japanese investors to explore investment opportunities in Pakistan, particularly in manufacturing and production, which would contribute to the country’s exportable surplus.

The Minister highlighted the positive momentum in Pakistan’s macroeconomic stability, which he attributed to key reforms and structural adjustments across various sectors, including fiscal framework, taxation, Special Economic Zones (SEZs), energy, rightsizing of the federal government, and privatization efforts. He emphasized that the government remained committed to continuing its reform agenda, focusing on critical issues such as population growth and climate change vulnerability.

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