Japan keen to improve bilateral economic relations with Pakistan

Japan keen to improve bilateral economic relations with Pakistan

ISLAMABAD: Pakistan and Japan have the potential to double the figures of current bilateral trade and consequently improve their economic ties, said Japan’s Ambassador to Pakistan Kuninori Matsuda.

The envoy said that the two countries are looking for increasing bilateral cooperation in agricultural-based industry and value addition, with Japan already having announced a grant to enhance productivity in relevant agricultural fields.

Matsuda added that Japan is also keen to establish industrial units of auto parts in Pakistan to provide increased employment opportunities to the local labour.

Recently, Japan announced a grand aid of $5.2 million to support Agri-Food and Agro-Industry development in the country’s Khyber Pakhtunkhwa and Balochistan provinces, he said.

The senior diplomat said this amount would be utilised for enhancement of productivity and capacities of relevant sectors in the cattle meat value chain in districts of Khyber Pakhtunkhwa.

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