Ties With Japan: ICCI calls for expanding trade

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) called upon the government to focus on expanding trade relations with Japan. The country offers great potential for bilateral trade and exports, said Muhammad Ali Mirza, the acting president of ICCI in a statement. He said Japan is the third largest economy of the world and offers many economic benefits to Pakistan. He said despite having a huge potential for improving trade with Japan, Pak-Japan bilateral trade hovers around $2 billion, while India’s bilateral trade is around $18 billion. He urged the government to facilitate the private sector in further improving trade and said since the last few months, Pakistan’s trade with Japan has been declining which is not good for the country and government should give priority to promoting trade with Japan.

Published in The Express Tribune, August 12^th, 2014.

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