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Pakistan PM asks Japan to consider tariff exemption for textiles

The Pakistan Prime Minister Nawaz Sharif met Japanese envoy Takashi Kurai in federal capital on Wednesday, it has been reported. While conferring, the prime minister said that Pakistan considers itself a close friend and trade partner of Japan that co-operated in Operation Zarb-e-Azb against terrorism to ensure peace. He said that his country was hopeful that Japan will review the decision of including Pakistan in its travel advisory list.

The premier asked Japan to consider a three to four year tariff exemption for Pakistani textile products. The move will facilitate the country’s struggling textile industry, he observed. He suggested that there are plenty of investment opportunities between Japan and Pakistan in the fields of trade, energy and infrastructure development. He was of the feeling that both the countries need to sign bilateral free trade agreements. He categorically stated that he would welcome investments by Japanese companies in Pakistani industry.

On the other hand, Japanese ambassador praised economic growth in Pakistan. He said that Pakistan has become a suitable country for business in the sight of Japan.

 
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