Japan Wants Pakistan to Create Openings in CPEC for Other Countries
Pakistan’s decades’ old business partner, the land of the rising sun, Japan considers that Pakistan should be more open about the China-Pakistan Economic Corridor (CPEC) for other countries with intentions to play a part in the mega initiative.
In a recent interaction with news crews in Karachi, consul general of Japan, Toshikazu Isomura said “At this point in time, only Pakistani and Chinese enterprises are enabled to carry out different schemes in CPEC mega plan, if these constraints are detached, many other private industries from Japan show their interest in making investments,” Isomura also said Japan has been Pakistan’s partner for quite a long time now and 82 Japanese brands were currently functioning in Pakistan.
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In a briefing regarding State Minister for Foreign Affairs of Japan, Nobuo Kishi’s recent visit to Karachi, Isomura “Japanese enterprises have made investments of over $500 million in the Pakistan during the course of the last three years,”
The consul general of Japan stated that their state minister had met several times with the Prime Minister and other dignitaries and discussed thoroughly over issues regarding bilateral interests. Moderation of tariff obstructions on the import of Pakistan’s yard goods and leather manufactured goods in Japan was also under discussion.
Taking CEPC into retrospective, Isomura said, “The initiative is beneficial for Pakistan and beneficial for the region. Pakistan should create more openings for its trusty old business partners.”
Recently many other countries have shown respective interests in the CPEC mega project, countries like the United Kingdom and Germany which would prove to be worthy allies and advantageous for Pakistan in the long run.