Board of Investment with Japan's experts support preparing Action Plan to address Japanese business problems

Karachi (PPI) - Pakistan's Board of Investment (BOP) and concerned authorities with Japan's experts support is now preparing an Action Plan to address problems faced by Japanese business.

This was stated by Japan's ambassador to Pakistan Chihiro Atsumi in his address while chairing annual general meeting of Pakistan Japan Business Forum PJBF here. "I am pleased to say that joint statement signed recently in Tokyo endorsed such efforts to strengthen bilateral economic ties. We are aware of concerns expressed by Japanese businessmen and their Pakistani partners in conducting businesses in this country," Atsumi added.

He said in the past year, Pakistan's economy has passed through a difficult phase. Devastating floods last year has made the situation "more worrisome. I hope resilient business people like PJBF members will lead Pakistan to stability and further development."

Atsumi hoped that Pakistan will continue to proceed on path of growth and development. "Our embassy will remain committed to bilateral relations and facilitating trade and investment between Pakistan and Japan for future prosperity."

Earlier, Abdul Kader Jaffer, who was re-elected as President PJBF presented annual report and spoke about registration with Securities & Exchange Commission of Pakistan SECP. Other PJBF Board elected members are Majyd Aziz, Sohail P Ahmed, Syed Jameel Hussain, Syed Feroz Alam Shah, Irfan Ali Vazir, Hamza Bin Tariq, Matiun Zia, Kalim Farooqi of Pakistan and from Japan's side Satoshi Nakagawa, K Miimi, H Nagao, K Ando, H Ijima, S Katagiri, H Kobayashi, K Nagai, S Hirano, J Otsuka.