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

Editorial

Trump 2.0
Updated 07 Nov, 2024

Trump 2.0

It remains to be seen how his promises to bring ‘peace’ to Middle East reconcile with his blatantly pro-Israel bias.
Fait accompli
07 Nov, 2024

Fait accompli

A SLEW of secretively conceived and hastily enacted legislation has achieved its intended result: the powers of the...
IPP contracts
07 Nov, 2024

IPP contracts

THE government expects the ongoing ‘negotiations’ with power producers aimed at revising the terms of sovereign...
Rushed legislation
Updated 06 Nov, 2024

Rushed legislation

For all its stress on "supremacy of parliament", the ruling coalition has wasted no opportunity to reiterate where its allegiances truly lie.
Jail reform policy
06 Nov, 2024

Jail reform policy

THE state is making a fresh attempt to improve conditions in Pakistan’s penitentiaries by developing a national...
BISP overhaul
06 Nov, 2024

BISP overhaul

IT has emerged that the spouses of over 28,500 Sindh government employees have been illicitly benefiting from BISP....