ISLAMABAD: A delegation of Japan Bank for International Cooperation (JBIC) would visit Pakistan in September to take the discussions further and work out details for financial sector collaboration, Japanese Ambassador Takashi Kurai told Finance Minister Ishaq Dar in a meeting on Friday.
In the meeting, matters related to economic and trade relations between the two countries were discussed.
Ambassador Kurai apprised the minister of the new investments being made by Japanese companies in Pakistan. He referred t a joint venture for milk powder production facility and fresh investment for expansion in the automotive sector as examples of continued interest of Japanese investors in the business opportunities in Pakistan. He said a number of Japanese companies are currently exploring opportunities in various sectors.
Ambassador Kurai informed that the bank delegation would visit to take work out the details for financial sector collaboration. He also recounted meeting of Pakistan Japan Business Forum (PJBF) in November 2015 and setting up of a joint trade committee in order to improve trade relations between the two countries.
The finance minister thanked the ambassador for his proactive role in promoting economic cooperation between the two countries. He assured that the government of Pakistan would extend all possible cooperation to facilitate the Japanese investors and businessmen in their new ventures. He 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 a greater detail.
