Japan seeks trade and investment in Pakistan
Daisuke Tsukao, Section Head (Asia & Pacific Division), Japanese Ministry of Economic, Trade and Industry (METI), on his visit to Karachi explored trade and investment opportunities. Javed Anwar Khan, Secretary Trade Development Authority of Pakistan (TDAP) briefed him about the government policies for creation of an enabling environment for foreign trade and investment cooperation between Japan and Pakistan. Secretary TDAP informed that the year 2012 would be 60th anniversary for establishing of Pakistan-Japan diplomatic relations and TDAP will celebrate this in a befitting manner while declaring Japan as a focus country with enhanced marketing and commercial activities for its trade promotion activities.
Wakana Kanikawa, Japanese Foreign Ministry official, explained the visit as a prelude to Pak-Japan high level joint Economic dialogue to be held in Tokyo in March 2012. Therefore, Japan is seeking investment opportunities for Japanese investors in Pakistan. The Japanese delegation also appreciated the positive outcome of Chief Executive TDAP, Tariq Puri’s to Japan in July this year for positioning of Pakistani products in Japan. The delegation was briefed about investment potential in agriculture sector especially in rice, dates, fruit juices, seafood along with minerals and metals. Pakistan also sought Japanese assistance in establishing effective supply chain to overcome harvest losses. Japanese investors were also invited in setting up of VHT processing plant under publicprivate partnership for export of Mangoes to Japan.
Japan will hold a seminar in August 2012, to bring the Japanese investors closer to investment opportunities in Pakistan, in addition to sending investment promotion missions. Secretary TDAP apprised that 20-25 Japanese businessmen would attend Expo Pakistan 2011 for cementing the efforts of both the governments in promotion of trade