Japan Is A Long Time Partner In Economic Development: Dar
Sumaira FH Published August 18, 2017 | 07:15 PM
Finance Minister, Senator Mohammad Ishaq Dar Friday said that Japan was a long time partner of Pakistan in its quest for economic development
ISLAMABAD, (UrduPoint / Pakistan Point News - 18th Aug, 2017 ) : Finance Minister, Senator Mohammad Ishaq Dar Friday said that Japan was a long time partner of Pakistan in its quest for economic development.
Finance minister was talking to Japanese Ambassador, Takashi Kurai who called on him here. During the meeting, both the dignitaries discussed Pak-Japan bilateral relations and overall economic cooperation between the two countries.
On the occasion, the Japanese Ambassador said that his country was always ready to contribute to socio-economic uplift in Pakistan. Japanese Ambassador, Finance Minister Dar discussed economic and trade cooperation.
Ambassador Korai apprised the Finance Minister of the new investments being made by Japanese companies in Pakistan. He referred to joint venture for milk powder production facility and fresh investment for expansion in automotive sector as examples of continued interest of Japenese investors in the business opportunities in Pakistan.
He said that a number of companies were currently exploring opportunities in various sectors. The Finance Minister on the occasion recalled his meeting with the Japanese Deputy Prime Minister on the sidelines of the Asian Development Bank's annual meeting in Yokohama and said that it opened new avenues of cooperation in the financial sector.
Ambassador Kurai informed that a delegation of Japan Bank for International Cooperation would visit Pakistan in September to take the discussions further and work out details for financial sector collaboration.
Ambassador Korai also recounted meeting of Pakistan Japan Business Forum (PJBF) in November 2015 and setting up of Joint Trade Committee which was working for promoting trade between the two countries.
Finance Minister Dar thanked the Ambassador for his proactive role in promoting economic cooperation between the two countries. He assured him that the government would extend all possible cooperation to facilitate the Japanese investors and businessmen in their new ventures.
He also welcomed the planned visit of the Japanese Bank's delegation and said it would provide an opportunity to both sides to discuss technical issues in greater detail.
Related Topics
Recent Stories
Dubai Mum Becomes the First Ever Pakistani Woman to Climb 11 of the 14 Highest M ..
Over 37% Tobacco tax increase suggested to save lives, boost revenue
Mohsin Naqvi has offered a substantial incentive, pledging $100,000 to every pla ..
Citizens join Al Barsha Police in “An Hour for Dubai” Initiative
Art can be a powerful tool to relieve stress, Experts say at Sharjah Children’ ..
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 5 May 2024
Today Gold Rate in Pakistan 05 May 2024
Bugti assures transporters for addressing their problems
Deputy Prime Minister and Foreign Minister, Mohammad Ishaq Dar meets foreign min ..
3 drug peddlers arrested, hashish recovered
1496,990 children given polio drops in five days: DC
Six terrorists killed, hideout busted in N Waziristan IBO: ISPR
More Stories From Business
-
PIACL restructuring approved by SECP
5 hours ago -
Saudi trade delegation arrives in Pakistan for investment cooperation
6 hours ago -
Saudi trade delegation arrives Pakistan for mutual investment cooperation
8 hours ago -
FPCCI urges urgent action amidst Pakistan’s economic situation
9 hours ago -
Over 37% Tobacco tax increase suggested to save lives, boost revenue
9 hours ago -
Pak-Saudi investment conference to be held on Monday
10 hours ago
-
NPO launches program for development of gemstone sector
13 hours ago -
PFC to take part in Riyadh Intel. expo
14 hours ago -
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 5 May 2024
19 hours ago -
Today Gold Rate in Pakistan 05 May 2024
20 hours ago -
CRD survey unveils 18% Pakistanis quit smoking
1 day ago -
NTUF granted patent for Innovative Multilayered Natural Fiber Composite Helmet
1 day ago