Senior Commerce Minister and Japanese Ambassador discuss different opportunities of trade between two countries

Islamabad: A meeting of Senior Commerce Minister Mr. Makhdoom Fahim with Mr. Hiro Shi OE, ambassador of Japan held here today to discuss various dimensions of trade relation between Japan and Pakistan. The meeting discussed the potential and possibilities of Pakistan Japan Business Dialogues which is scheduled to be held on 21st to 23rd March 2012 in Tokyo, Japan. Officials from Ministry of Commerce led by Senior Commerce Minister Mr. Makhdoom Amin Fahim including the Pakistani business community will participate in the said dialogue. The minister hoped that the said dialogue will open new horizons in Pak-Japan trade relations.

The Japanese Ambassador appreciated Pakistan’s effort for boosting trade relations with India. He said that current Pak-Indian trade agreements will make this region more stable and prosperous.

The meeting deliberated the automobile sector of Pakistan and Japan’s contribution in this sector under Auto Mobile Investment Development Plan (AIDP). Different opportunities and challenges in automobile sector were discussed in detail. The pertaining issues faced by automobile industry in Pakistan were also deliberated in the meeting.

The Japanese ambassador showed some concerns over government’s decision on ban of CNG kits in Pakistan. The Minster assured the ambassador that they will address their concerns and will take every measure to counter any discouragement faced by Japanese investor in this sector. The meeting also discussed the trade opportunities during visit of Japanese business delegation to Pakistan in “Expo Pakistan 2012”, which is scheduled to be held in October.

For more information, contact:
Ministry of Commerce
Mr. Iftikhar Ali Qureshi,
ACS/Incharge Computer Section,
Tel: 051-9208692,
E-mail: mincom@commerce.gov.pk

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