Japan to support trade promotion with Pakistan

Japan to support trade promotion with Pakistan

KARACHI: Japan will provide full support and cooperation to the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) for the promotion of trade and investment between Pakistan and Japan.

The assurance was given by Toshikazu Isomura, Consul General of Japan, on the occasion of the visit of the FPCCI delegation who called upon him at the Japanese Consulate, said a statement on Monday.

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The FPCCI delegation included Hanif Lakhany, VP FPCCI; Rameez Sattar, Chairman Pakistan-Japan Business Council (PJBC) of FPCCI; Sultan Rehman, Coordinator FPCCI Head Office Karachi and Pir Ijlal Zaidi & Arbaaz Rameez, Directors PJBC. Okamoto Yu, Head of Commercial Section was also present during the meeting.

Rameez Sattar presented to the Consul General detailed and comprehensive proposals for the acceleration of trade and investment between Pakistan and Japan.

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He discussed in detail the salient features of the proposal; identified opportunities for Japanese traders and the potential of export promotion of Pakistani products to Japan.

He also emphasized the need for frequent interactions of the business community of the two countries for confidence-building measures leading to expansion of trade and investment.

He offered to organize a virtual exhibition of Pakistani brands for the Japanese businesses to benefit from the enormous diversity of Pakistani fashion brands.

Hanif Lakhany recalled that Pakistan benefitted substantially from Japanese cooperation in the 1960s & 1970s and requested the Consul General to reactivate Japan-Pakistan cooperation for mutual benefit.

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Sultan Rehman conveyed the greetings and best wishes to the Consul General and H.E. Okamoto Yu on behalf of Mian Nasser Hyatt Maggo, President FPCCI.

He informed the Consul General that the business community of Pakistan is ready and eager to expand economic and trade relations between the two countries at the earliest and FPCCI is willing to play its vital role.

He requested the Consul General to facilitate and support FPCCI in this regard. He also requested the Consul General for asking JETRO to play a proactive role as it made a very significant contribution in the past.

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Toshikazu Isomura, Consul General of Japan, appreciated the efforts of FPCCI and assured them of his full support and cooperation in the promotion of bilateral trade and investment.

He suggested having another meeting when the head of JETRO returns to Pakistan so he can be taken on board as well.