Japan has included Pakistan in the list of top 10 friendly countries and looks forward to assisting Pakistan in development activities, asserted the Japanese Ambassador to Pakistan Kuninori Matsuda while addressing the annual meeting of Pakistan-Japan Business Forum earlier this week.
He emphasised that Karachi has an untapped potential for economic activities, reminiscing a time when Karachi was the hub of entertainment and cultural activities, and many young people from across the world including from Japan visited the city in the 1960s.
Japan has established three new state of the art Non-Intrusive Inspection (NII) Containers Scanning Terminals at Karachi Port and Port Bin Qasim with the grant assistance of ¥1.877 billion to further improve security measures at the two important trade venues of #Pakistan pic.twitter.com/xatFhNFo6U
— Emerging Pakistan (@dev9_) October 12, 2019
Besides the automobile sector, the Japanese ambassador identified several other sectors of fishing, agriculture, food, pharmaceutical, energy, tourism, education, logistics for trade partnership between Japan and Pakistan.
“Japan is already cooperating with Pakistan in food, agriculture and fisheries’ sectors,” he said. He informed the Business Forum that arrangements are made for Pakistani youth to seek ample employment opportunities in Japan, referring to the recent agreement signed between Japan and Pakistan on the trading of the skilled workforce.
Japan increasing investment in Pakistan’s automotive sector.https://t.co/fELbwiPJp2
— The Express Tribune (@etribune) October 11, 2019
“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,” he said. He informed that Japan is considering to further shore up investment in Pakistan’s automobile sector in the future.
The President of Pakistan-Japan Business Forum, Sohail Ahmed, remarked that the current worth of trade between Pakistan and Japan is $2 million for the past decade. But with concerted efforts, the partnership between the two countries can be made more worthwhile.
“Currently, 86 Japanese companies are operating in Pakistan,” he said. “In 2019, two more Japanese enterprises have begun operations here,” asserted Ahmed.
He also counted on the benefits of the recent agreement signed between the two countries on the trading of the workforce and skilled labor, adding that Japan required manpower and Pakistan’s youth could suffice the need of Japan.
Japan and Pakistan have recently reached an agreement in which Japan has pledged to open the gateway to hundreds and thousands of opportunities for Pakistani skilled manpower, giving them a chance to earn decent earning.