Pak-Japan economic cooperation

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Historical links between the peoples of the two countries date back to pre-historic times. Around 1930, a chair for Urdu language was established in Tokyo University and Takushoku University. Since then, the research on Urdu language and on people of the region started in Japan.

Based on the Country Assistance Programme, Japanese ODA has been supporting the efforts of the Government of Pakistan to revive its economy and to reduce poverty through a series of reforms and supporting the initiatives taken through Poverty Reduction Strategy Paper (PRSP). In doing so, following sectors have been identified as being crucial: Health, Sanitation, Education Agriculture, Irrigation, Economic Infrastructure and Economic Development.

Pakistan and Japan are making strides in expanding bilateral cooperation in diverse fields. Both sides while noting the renewed vigor and momentum in high-level exchanges have reaffirmed their commitments to take the bilateral relationship to higher level. In the ongoing parleys of Federal Finance Minister Hammad Azhar with Japanese leadership, the two sides have reviewed the entire spectrum of bilateral relations and identified areas for further cooperation in political, economic, trade, investment, education and cultural fields.

The two sides discussed strengthening economic cooperation and increasing bilateral investments and exerting all possible efforts to eliminate obstacles and overcome difficulties that obstruct the smooth flow of trade and investment between the two countries.  While appreciating Japan’s role as premier development partner of Pakistan, Pakistan is ready to welcome Japanese businesses in all the sectors of economy. Japanese side acknowledges the economic credentials of Pakistan and expressed strong desire of JPBCC to make practical efforts for boosting up trade and investment relations between the two countries. In the meetings, both the sides have deliberated on the role of Pakistani community in promoting the interests of the country abroad. Pakistani diaspora has an important role as they can promote positive image of Pakistan in the country of their residence in an effective manner.

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