Japan names Pakistan among ‘Top 10 Friendly Countries’, looks forward to assist in development activities

Japan will further increase investment in Pakistan, in the automobile sector particularly. 

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Japan

Pakistan has entered Japan’s list of top 10 friendly countries and is eager to assist the country in development activities. The thoughts were shared by Kuninori Matsuda, Japanese Ambassador to Pakistan, during his address to the annual meeting of Pakistan-Japan Business Forum this week.

Matsuda showed high ambitions regarding the port-city Karachi, particularly because Japan believes it to have the untapped and unexplored potential for economic activities. The ambassador remembered the time of the 1960s, when Karachi was known as the hub of entertainment and cultural celebrations, making it the center of attention for the world and Japan.

With the automobile sector, where both countries are already collaborating, the Japanese ambassador said there are many other avenues where both countries should collaborate. He said Japan looks forward to working with Pakistan in the fields of fishing, agriculture, food, pharmaceutical, energy, tourism, education, and logistics for trade partnership.

“Japan is already cooperating with Pakistan in food, agriculture and fisheries’ sectors,” he said.

Speaking to the Business Forum that arranges employment opportunities and career perspectives for Pakistani youth, he said that the young generation will find qualitative job opportunities in Japan. He also referred to the recent agreement signed between Japan and Pakistan on the trading of the skilled workforce.

“Skilled workforce is necessary for development, hence, Japan is facilitating Pakistan in training and educating the manpower in areas of civil engineering, science, and technology,” the ambassador said.

He said that Japan will further increase investment in Pakistan, in the automobile sector particularly. The President of Pakistan-Japan Business Forum, Sohail Ahmed, said that the current worth of trade between Pakistan and Japan is $2 million during the past decade.

“Currently, 86 Japanese companies are operating in Pakistan. In 2019, two more Japanese enterprises have begun operations here,” Ahmed added.


Also See: Japan Announces $10.6m Grant To Assist Pakistan’s Fight Against Malnutrition

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