Zardari asks Japanese businessmen to benefit from investment opportunities

Published March 21, 2024
Japanese ambassador Mitsuhiro Wada meets President Asif Ali Zardari at President House on March 20. — PID
Japanese ambassador Mitsuhiro Wada meets President Asif Ali Zardari at President House on March 20. — PID

ISLAMABAD: President Asif Ali Zardari on Wednesday called for expanding the scope of bilateral cooperation between Pakistan and Japan across a wide spectrum of areas, especially trade, investment, economy, culture and people-to-people contacts.

“Pakistan is a huge market and Japanese businesses should benefit from the economic opportunities by investing in diverse sectors,” the president expressed these views while talking to Japanese ambassador Mitsuhiro Wada, who called on him, at Aiwan-e-Sadr.

Talking to the ambassador, the president said that both countries had been enjoying long-standing relations, which needed to be further cemented for the mutual benefit of the two sides. He highlighted that Japan had been a key development partner of Pakistan that had been supporting Pakistan’s socio-economic development in different sectors under the Japan International Cooperation Agency (JICA).

Zardari said Pakistan had a huge population and could send trained workforce and professionals to help Japan fulfil its requirement for human resources.

He said Japanese automobile companies, based in Pakistan, should enhance production to export their products from Pakistan. “Japanese banks should also be encouraged to come back and initiate their operations in Pakistan,,” he said, adding that Pakistan vowed to overcome its current socio-economic challenges.

According to the Presidency, the Japanese Ambassador said Pakistan had a strategic location and a huge population, and Japanese companies were interested in these potential areas.

Published in Dawn, March 21st, 2024

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Who bears the cost?

Who bears the cost?

This small window of low inflation should compel a rethink of how the authorities and employers understand the average household’s

Editorial

Internet restrictions
23 Dec, 2024

Internet restrictions

JUST how much longer does the government plan on throttling the internet is a question up in the air right now....
Bangladesh reset
23 Dec, 2024

Bangladesh reset

THE vibes were positive during Prime Minister Shehbaz Sharif’s recent meeting with Bangladesh interim leader Dr...
Leaving home
23 Dec, 2024

Leaving home

FROM asylum seekers to economic migrants, the continuing exodus from Pakistan shows mass disillusionment with the...
Military convictions
Updated 22 Dec, 2024

Military convictions

Pakistan’s democracy, still finding its feet, cannot afford such compromises on core democratic values.
Need for talks
22 Dec, 2024

Need for talks

FOR a long time now, the country has been in the grip of relentless political uncertainty, featuring the...
Vulnerable vaccinators
22 Dec, 2024

Vulnerable vaccinators

THE campaign to eradicate polio from Pakistan cannot succeed unless the safety of vaccinators and security personnel...