Trade ties with Japan to be strengthened

Published September 18, 2005

LAHORE, Sept 17: Pakistan and Japan have strong business ties which can further be strengthened by building lasting relationship between their trading communities. This was stated at a meeting between a four-member Japanese delegation and officials of the commerce and investment department here on Saturday.

The Japanese delegation was led by Japan Overseas Marketing Komatsu Limited vice-president Shunichi Ono and it is visiting Pakistan on the invitation by the prime minister.

The delegation was briefed on trade, commerce and investment by the commerce and investment department secretary and other officials.

It was stated that the government was committed to facilitate investors and in this regard laws had been simplified. As a result, Pakistan had become foreign investment friendly country.

Both the sides agreed to promote mutual understanding between the business communities and industrialists of their countries.

Mr Ono took keen interest in the investment opportunities in the province, and discussed various matters of mutual interest with the provincial officials.

The delegation later visited two local factories to get information about their production.

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