ISLAMABAD: Prime Minister Shahid Khaqan Abbasi Thursday said that Pakistan would welcome the Japanese companies to invest in Pakistan as it would enhance the capacity of Pakistan’s industrial sector to produce value-added goods.
In a meeting with Ambassador of Japan to Pakistan Takashi Kurai who called on him here, the PM said that Pakistan regards Japan as a close friend and a reliable economic partner, said a PM Office statement.
He highlighted the significant improvement in the economic and security environment of Pakistan and attributed it to the successful law enforcement operations against terrorist groups.
Emphasising on bilateral relations, the PM said that Pakistan looked forward to the greater level of cooperation between the two countries particularly in the areas of trade, investment, infrastructure, energy and people-to-people contact.
He said that Japan may consider a three to four years exemption for Pakistani textiles under Temporary Tariff Measures to bring Pakistan at par with its competitors which enjoy free access to the Japanese market.
Ambassador of Japan appreciated Pakistan’s economic growth and stated that Pakistan’s perception, particularly in Japan, has changed to a business-friendly country.
The envoy said that Japan gave importance to investment security, infrastructure and business-friendly environment and Pakistan has achieved a marked improvement in all the three aspects.
