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Japan to cooperate in energy, auto sectors

Japan to cooperate in energy, auto sectors

KARACHI: Japan would cooperate with Pakistan in the energy, automobile and other engineering sectors on priority basis, Japanese Consul General, Atsushi Murata said on Tuesday during a visit to the Federation of Pakistan Chambers of Commerce and Industry (FPCCI).

The envoy said a Japanese trade delegation would be visiting Pakistan in near future.

Mr Murata agreed with FPCCI senior vice president Khalid Tawab that Japanese companies should enter into joint ventures in other sectors of the economy including agriculture, information technology, energy, housing, industries, engineering and construction.

Mr Tawab said Japan established the automobile industry in Pakistan in real sense and several auto-brands had a big share in the market.

He further said exchange of delegations was an important tool in enhancing trade and commerce.

He requested the Japanese envoy to arrange for representation from his country in the upcoming Pakistan International Trade Fair which will be held in September this year.

During the meeting, it was pointed out that Gwadar would be the biggest shipping corridor connecting Gulf and Arabian Sea and will give Japan vast opportunity for availing trade benefits from South Asia and the United Arab Emirates along with Central Asian countries via the China-Pakistan Economic Corridor.

Courtesy : Dawn News



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