Friday, 29 March 2024, 01:08:30 am

Pakistan, Japan to further expand economic cooperation
April 15, 2021

Minister for Finance, Revenue, Industries and Production Hammad Azhar says Pakistan and Japan enjoy cordial and friendly relations over the years and this relationship will continue to become even stronger with every passing day.

Talking to Ambassador of Japan Kuninori Matsuda in Islamabad today (Thursday), he appreciated the support extended by the government of Japan for infrastructural and institutional development in Pakistan.

The Finance Minister lauded the valuable investment by Japan in various sectors particularly in the automobile sector and affirmed to facilitate Japanese investors and businessmen for undertaking major investment initiatives amid rising demand for innovative business products and services in Pakistan.

He also commended the contribution of the Japan International Cooperation Agency for socio-economic development and reform initiatives aimed at poverty reduction & human development in the country.

The Ambassador of Japan said that Japan greatly values its bilateral relations with Pakistan.

He briefed the Finance Minister about operations of the Japanese entities in Pakistan and expressed confidence that business and economic linkages would further strengthen between the two countries.

They also discussed issues of mutual interest. The Finance Minister underlined the initiatives taken by the Government which led to economic turnaround.