Minister of Commerce, Dr. Gohar Ijaz meeting with H.E. WADA Mitsuhiro, the Ambassador of Japan to Pakistan to strengthen trade relations.
Islamabad, September 14, 2023:
The caretaker Minister of Commerce, Dr. Gohar Ijaz, held a meeting with His Excellency WADA Mitsuhiro, the Ambassador of Japan to Pakistan. The meeting was held to discuss and rejuvenate trade relations between Pakistan and Japan, with an emphasis on Japan’s automotive sector and the possibility to amplify bilateral trade in other sectors such as textile and agriculture.
During the meeting, Minister Dr. Gohar Ijaz underscored the importance of Japan’s exemplary trade practices and its global reputation as a leader in international trade. He remarked, “The only way to trade is the way Japan trades,” emphasizing Pakistan’s admiration for Japan’s trade strategies and its aspiration to learn from and collaborate closely with Japan.
The Minister extended a warm invitation to Japan, expressing Pakistan’s keen interest in revitalizing its trade relationship with Japan. Pakistan recognizes the immense potential for growth and collaboration that lies within this partnership.
Ambassador WADA Mitsuhiro echoed the sentiment of collaboration and highlighted the need to formulate a comprehensive roadmap for expanding exports to Japan. This roadmap will serve as a strategic guide to strengthen economic ties and facilitate smoother trade between the two nations.
The meeting focused on Japan’s renowned automotive sector. Japan is a global leader in automotive manufacturing and Pakistan sees immense opportunities for cooperation and trade growth in this sector.
Japan’s automotive sector represents a multi-billion-dollar industry, known for its cutting-edge technology and high-quality products. Pakistan, with its growing economy and skilled workforce, is well-positioned to collaborate with Japan in this sector, leading to mutual benefits and economic growth.
Minister Dr. Gohar Ijaz and Ambassador WADA Mitsuhiro concluded the meeting with a shared commitment to explore opportunities for trade expansion, particularly in the automotive industry. Both parties expressed optimism about the future of Pakistan-Japan trade relations.
The Pakistan Ministry of Commerce remains dedicated to fostering a prosperous economic partnership with Japan and looks forward to further discussions and initiatives to enhance bilateral trade.