Dar reiterates desire to further deepen trade, investment ties with US, Japan

ISLAMABAD: Federal Minister for Finance and Revenue Mohammad Ishaq Dar on Friday said that attracting the United States investment in different sectors of Pakistan’s economy was the government’s top priority.

During a meeting with US Ambassador to Pakistan Donald Blome, who called on him, Dar said the incumbent government was focusing on creating a business-friendly environment for foreign investors. He highlighted the importance of long-term, broad-based and multi-dimensional relationship between Pakistan and the US, said a press statement issued by the Ministry of Finance.

The minister briefed the ambassador about the devastation caused by the recent floods in the country and highlighted the economic agenda and policies of the government aimed at bringing economic and fiscal stability.

He said that attracting US foreign investment in different sectors of Pakistan’s economy is the government’s top priority and the present government is focusing on creating a business friendly environment for foreign investors.

He reiterated the desire of the present government to further deepen bilateral trade and investment ties with the US.

The ambassador felicitated the minister on assuming the charge as Pakistan’s finance minister and also extended sympathy on the destruction caused by the floods.

Blome underscored that both countries enjoyed good relations and expressed confidence on policies and programmes of the Pakistani government. He assured the minister of his support to further promote the bilateral economic, investment and trade relations.

The Finance Minister thanked the US Ambassador and reiterated the desire of the present government to further deepen bilateral trade and investment ties with the USA.

AMBASSADOR OF JAPAN CALLS ON FEDERAL MINISTER FOR FINANCE

Meanwhile, Ambassador of Japan Wada Mitsuhiro also called on Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar.

While extending a warm welcome to Wada Mitsuhiro, Ambassador of Japan, Finance Minister Senator Ishaq Dar briefed the Ambassador on the devastations caused by the recent flood in Pakistan and its impact on the country’s economy.

Highlighting the cordial relations between Pakistan and Japan, the Finance Minister stated that Pakistan and Japan enjoy sound friendly relations which have been getting stronger with each passing day. He said that Japan is one of the major development partners of Pakistan and he firmly believes that the cooperation will further strengthen in multiple fields for the mutual benefit of both the countries.

The Finance Minister gave a brief overview of the economic challenges and priorities of the present government and said that the present government believes in enhancing the bilateral economic and trade relations between Pakistan and Japan.

The Finance Minister and the Ambassador discussed issues of mutual interest.

Ambassador of Japan Wada Mitsuhiro extended felicitations to the Finance Minister on assuming the charge of the Finance Ministry. He expressed sympathy on the loss of lives and properties in the flashfloods and extended his govt’s support. He further said that Japan greatly values its bilateral relations with Pakistan. He briefed the Finance Minister about operations of the Japanese entities in Pakistan. He expressed confidence on the economic policies of the current government and said that business and economic linkages would further strengthen between the two countries.

Finance Minister Senator Mohammad Ishaq Dar thanked the Ambassador for support and assured of his full cooperation in improving the trade and economic relations between the two countries.

 

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