PR No. 258
Islamabad: August 28, 2020

H.E Mr. MATSUDA Kuinori, Ambassador of Japan to Pakistan called on Federal Minister for Economic Affairs Mr. Makhdoom Khusro Bakhtiar in his office at Ministry of Economic Affairs today. Both exchanged views on diplomatic and economic ties between the two countries. The Ambassador apprised the Minister that Government of Japan has extended grant assistance of worth $ 4.7 for provision of machinery and equipment for waste management of the Metropolitan Cooperation Islamabad. He also expressed the hope that bilateral economic ties between Pakistan and Japan would be enhanced especially in field of export and import substitute industries and natural calamities risk management in future. Federal Minister thanked and appreciated the Government of Japan and People of Japan for their support with assurance of extending facilitation for more meaningful cooperation in testing time of the Pandemic. The Minister expressed that Pakistan valued close and friendly relation with Japan that would be strengthen in multiple fields including energy, trade, industries, irrigation, water & sanitation, security and social sector of Pakistan. Minister voiced hope that Japanese companies could take advantage of huge domestic market as well as export potential considering Pakistan having FTAs and GSP plus status with European Union countries. Mr. Bakhtyar said that Japan and Pakistan could enhance economic cooperation in human development and provision of basic necessities such as health, education, clean drinking water and housing sector as these areas are central theme of our development policy. Federal Minister for Economic Affairs and Ambassador expressed their strong commitment to further the economic cooperation in post-corona time to benefit both countries.

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