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Pakistan looks to increase exports to Japan, attract more FDI

Pakistan will increase trade and investment ties with Japan. The country wants to increase its exports of textile products to Japan and is trying to get Japan to grant duty free access. Meanwhile they are also trying to attract more Japanese investment to Pakistan. There are currently some 86 Japanese companies in Pakistan. More are coming in. Japan sees Pakistan as a country which offers business and employment prospects.

Japan-Pakistan relations are embedded in business, aid, politics and security. Pakistan has a long standing trade and investment relationship with Japan and wants to build upon the reserves of historical linkages, goodwill and understanding. Pakistan provides Japanese investors full investment security and an one window operation.

Pakistan-Japan relations have their roots in the ancient civilization of Gandhara. Since the creation of Pakistan in 1947, the two countries have enjoyed cordial and friendly relations. Right now Japan focuses on small-scale socio-economic projects mostly run by NGOs in Pakistan. Japan would be better served by participating in big national mega-projects such as railways, roads, tunnels, ports, and shipping.

Japan assigns high value to its bilateral relations with Pakistan since the nature of their cooperation is multidimensional. Japan has helped Pakistan in the areas of humanitarian assistance, social security and infrastructure development.

 
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