ISLAMABAD - Finance minister Ishaq Dar has asked Japanese companies to make more investments in Pakistan, as investment climate in the country has received a boost due to the significant improvement in law and order situation.

“Pakistan has abolished visa fees for Japanese businessmen and urged the Japanese government to remove its travel advisory for Pakistan so that bilateral business can be further facilitated,” said finance minister while talking to a delegation including president of Japan External Trade Organization (JETRO) Yasushi Akahoshi and Ambassador of Japan to Pakistan Takashi Kurai.

He further said that Pakistan would facilitate setting up of a special economic zone for Japanese companies in Pakistan and urged JETRO to work with Board of Investment to further explore this mutually beneficial opportunity. Dar noted that Pakistan has established business and political relations with Japan. He apprised the delegation on the economic reforms process undertaken by the government and that it was bearing fruits in the shape of revived interest of foreign investors in Pakistan and recognition from the international business community.

Finance minister appreciated the contribution of JETRO for bringing Japanese investment in Pakistan.

President JETRO lauded the government's efforts on economic growth and development. He also congratulated the minister on successful completion of the IMF programme. He said that JETRO is encouraging Japanese investors and entrepreneurs to visit Pakistan for expansion of their business. JETRO is holding a Japan Trade Fair in Karachi later this year.

Both the sides agreed to work together to further increase bilateral trade and business.