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      <title>President to visit Japan on Feb 21 to strengthen ties</title>
      <link>https://www.brecorder.com/news/3637/president-to-visit-japan-on-feb-21-to-strengthen-ties</link>
      <description>&lt;p&gt;&lt;img style="margin-right: 10px; float: left;" alt=" " src="https://i.brecorder.com/images/stories/pics2011/feb/zardari_400.jpg" width="400" height="469" /&gt;ISLAMABAD: President Asif Ali Zardari will pay a  visit to Japan from February 21-23 at the invitation of Prime Minister  of Japan Naoto Kan, to strengthen the cordial relations between the two  countries and open new avenues of cooperation.&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;This will be the President's second visit to  Japan since assuming office. During his stay in Japan, the President  will make a call on the Emperor of Japan. He will hold summit level  talks with Prime Minister Naoto Kan.&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;The President is also scheduled to meet with  Japanese Cabinet members, parliamentarians and leading businessmen. The  visit will provide an opportunity to the President to brief the Japanese  leadership on Pakistan's views on key international and regional issues  as well as discuss ways and means to further expand bilateral political  and economic ties.&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;The visit will also reiterate the importance  that Pakistan attaches to its relations with Japan. The President's  meeting with the Japanese businessmen will help project Pakistan as a  destination for the Japanese investment.&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;Japan is an important country of the East Asia  Pacific region as well as one of the major trading partners of Pakistan.  The two countries enjoy very close and friendly relations.&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;Japan has played an important role in the  socio-economic development of Pakistan. It is a major development  partner, and is extending assistance for development projects in health,  education and human resource development areas.&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;Japan has actively participated in the Friends  of Democratic Pakistan Forum (FODP) and hosted the FODP Ministerial and  Donors Conference in Tokyo in April 2009. It pledged US$ one billion at  the Donors Conference in Tokyo.&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;Japan has also extended assistance for the  internally dislocated persons affected in Swat and Malakand. It extended  US $ 500 million assistance at the Pakistan Development Forum for the  relief and rehabilitation of flood victims.&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;Pakistan's major exports to Japan are textile  and textile articles. Yarn is Pakistan's major export product to Japan.  Pakistan's major imports from Japan are motor vehicles, their parts and  machinery. Power generators and textile machinery constitute the main  proportion of machinery import.&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;Owing to the modernization and the improvement  of the production base of the textile industry, Pakistan's imports of  the textile machinery from Japan in 2003 amounted to $117 million as  against $ 20.6 million in 1999, showing an increase by over 5.5 times.&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;Japan is the fourth largest investment partner  of Pakistan with cumulative investment of US$ 385.9 million during the  period of 1989-90 to 2003-2004, constituting five per cent of the total  investment in the country.&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;The big surge of investment observed in 1995-96 was in Independent Power Producers (IPP) projects.&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;The Japanese investment recovered and increased  by seven per cent during 2002- 03 to 2003-04 due to the increase of  investment in the automobile sector.&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;The Japanese investment in the automobile sector  grew by more than 5.5 times in 2003-04 in comparison with the previous  year (2002-03) to meet the great domestic demand of the automobiles.&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;Major sectors of the Japanese investment are  joint venture projects mainly in automobile sector, such as Pak-Suzuki  Motor (Suzuki), Indus Motor (Toyota), Honda Atlas Cars (Honda), Gandhara  Nissan Diesel (Nissan Diesel) and Hino Pak Motors (Hino).&lt;/p&gt;
&lt;p class="MsoPlainText"&gt; &lt;/p&gt;
&lt;p&gt;&lt;center&gt;&lt;b&gt;&lt;i&gt;Copyright AFP (Agence France-Presse), 2011&lt;/i&gt;&lt;/b&gt;&lt;i&gt; &lt;/i&gt;&lt;/center&gt;&lt;/p&gt;
&lt;p&gt; &lt;/p&gt;
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      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p><img style="margin-right: 10px; float: left;" alt=" " src="https://i.brecorder.com/images/stories/pics2011/feb/zardari_400.jpg" width="400" height="469" />ISLAMABAD: President Asif Ali Zardari will pay a  visit to Japan from February 21-23 at the invitation of Prime Minister  of Japan Naoto Kan, to strengthen the cordial relations between the two  countries and open new avenues of cooperation.</p>
<p class="MsoPlainText">This will be the President's second visit to  Japan since assuming office. During his stay in Japan, the President  will make a call on the Emperor of Japan. He will hold summit level  talks with Prime Minister Naoto Kan.</p>
<p class="MsoPlainText">The President is also scheduled to meet with  Japanese Cabinet members, parliamentarians and leading businessmen. The  visit will provide an opportunity to the President to brief the Japanese  leadership on Pakistan's views on key international and regional issues  as well as discuss ways and means to further expand bilateral political  and economic ties.</p>
<p class="MsoPlainText">The visit will also reiterate the importance  that Pakistan attaches to its relations with Japan. The President's  meeting with the Japanese businessmen will help project Pakistan as a  destination for the Japanese investment.</p>
<p class="MsoPlainText">Japan is an important country of the East Asia  Pacific region as well as one of the major trading partners of Pakistan.  The two countries enjoy very close and friendly relations.</p>
<p class="MsoPlainText">Japan has played an important role in the  socio-economic development of Pakistan. It is a major development  partner, and is extending assistance for development projects in health,  education and human resource development areas.</p>
<p class="MsoPlainText">Japan has actively participated in the Friends  of Democratic Pakistan Forum (FODP) and hosted the FODP Ministerial and  Donors Conference in Tokyo in April 2009. It pledged US$ one billion at  the Donors Conference in Tokyo.</p>
<p class="MsoPlainText">Japan has also extended assistance for the  internally dislocated persons affected in Swat and Malakand. It extended  US $ 500 million assistance at the Pakistan Development Forum for the  relief and rehabilitation of flood victims.</p>
<p class="MsoPlainText">Pakistan's major exports to Japan are textile  and textile articles. Yarn is Pakistan's major export product to Japan.  Pakistan's major imports from Japan are motor vehicles, their parts and  machinery. Power generators and textile machinery constitute the main  proportion of machinery import.</p>
<p class="MsoPlainText">Owing to the modernization and the improvement  of the production base of the textile industry, Pakistan's imports of  the textile machinery from Japan in 2003 amounted to $117 million as  against $ 20.6 million in 1999, showing an increase by over 5.5 times.</p>
<p class="MsoPlainText">Japan is the fourth largest investment partner  of Pakistan with cumulative investment of US$ 385.9 million during the  period of 1989-90 to 2003-2004, constituting five per cent of the total  investment in the country.</p>
<p class="MsoPlainText">The big surge of investment observed in 1995-96 was in Independent Power Producers (IPP) projects.</p>
<p class="MsoPlainText">The Japanese investment recovered and increased  by seven per cent during 2002- 03 to 2003-04 due to the increase of  investment in the automobile sector.</p>
<p class="MsoPlainText">The Japanese investment in the automobile sector  grew by more than 5.5 times in 2003-04 in comparison with the previous  year (2002-03) to meet the great domestic demand of the automobiles.</p>
<p class="MsoPlainText">Major sectors of the Japanese investment are  joint venture projects mainly in automobile sector, such as Pak-Suzuki  Motor (Suzuki), Indus Motor (Toyota), Honda Atlas Cars (Honda), Gandhara  Nissan Diesel (Nissan Diesel) and Hino Pak Motors (Hino).</p>
<p class="MsoPlainText"> </p>
<p><center><b><i>Copyright AFP (Agence France-Presse), 2011</i></b><i> </i></center></p>
<p> </p>
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      <guid>https://www.brecorder.com/news/3637</guid>
      <pubDate>Sat, 19 Feb 2011 13:33:05 +0500</pubDate>
      <author>none@none.com (Babar Malik)</author>
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