PM assures resolution of issues facing Japanese businessmen within a week

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday, assured that the government is dedicated to resolving the issues hindering the Japanese businessmen’s activities in Pakistan, ARY News reported.

PM Shehbaz Sharif pledged to resolve these issues within a week through mutual collaboration to facilitate foreign investment and promote economic growth by fostering a favorable environment for international business partnerships.

Shehbaz Sharif in a meeting, held with a delegation of Japanese companies and business figures led by Japanese Ambassador Wada Mitsuhiro, said a committee had been formed to address the issues faced by the Japanese firms to promote their business activities in the country.

He told the delegation that the Japanese companies should exploit Pakistan’s existing immense potential for investment in the industry of electric vehicles.

“It was high time both countries promoted trade and investment ties in multiple sectors, reiterating the resolution of problems facing Japanese industrialists and traders,” he said.

The delegation members expressed confidence in the Government of Pakistan’s pro-business policies and measures to promote investment.

The Japanese ambassador apprised the prime minister of the upcoming visit of a 20-member delegation of renowned Japanese firms which would prove to be a milestone in enhancing the bilateral trade and investment.

The delegation members viewed that a special focus on investment and pro-business policies of Prime Minister Shehbaz-led government would help enhance the confidence of foreign investors, besides increasing the country’s exports.

The prime minister was told that the Japanese firms had started preparations for manufacturing of hybrid vehicles in Pakistan which was lauded by the prime minister.

The representatives of different Japanese firms, while briefing the prime minister about their business activities in Pakistan, said that they were also exporting goods from Pakistan after value addition.

Federal ministers Jam Kamal Khan, Muhammad Aurangzeb, Rana Tanveer Hussain and Abdul Aleem Khan, Minister of State Shaza Fatima Khawaja, Chairman of Federal Board of Revenue and relevant senior officers attended the meeting.