Pakistan Japan Agreement

Since the establishment of diplomatic relations on 28 April 1952, relations between Pakistan and Japan have continued to improve. Shortly after the San Francisco peace conference, Pakistan was one of the few countries to open its trade office in Japan. Similarly, Japan opened one of its first trade offices in Karachi. In 1952, Pakistan opened its embassy in Tokyo. Mian Ziauddin became Pakistan`s first ambassador to Japan. In the early 1950s, Pakistan was an important import target for Japan`s raw cotton. During the Korean War and the Cold War, Pakistan and Japan were on the same side of the ditch. President Ayub Khan visited Japan in 1960. In 1961, Prime Minister Ike visited Pakistan. During the visit, two projects were completed on yen credits and transfer students. As a result, 80 Pakistani students were transferred to Japan, mainly to Chiba University, where they acquired Japanese language and technological skills. YEN Credits was created to deepen trade and economic relations.

According to the YEN credit agreement, Japan agreed to long repayment periods and Pakistan only bought Japanese products. The objective was to achieve two objectives, good products were available at reduced prices for Pakistan and, for Japan, its products were imported into Pakistani and other Muslim markets. The two agreements not only brought new technology and capabilities to Pakistan to use Japanese products, but also established a strong link between Pakistan and Japan. The Minister of the Overseas Pakistani Office and Human Resources Development Secretary Aamir Hasan and Japan`s Ambassador to Pakistan, Kuninori Matsuda, launched the agreement, which provides for the opening of 14 Japanese sectors to Pakistani workers, including construction, information technology, nursing, manufacturing and engineering. “We must sign this framework to recruit Pakistani labour,” the Japanese ambassador announced at the signing, “Japan is currently facing severe labour shortages due to an aging society and a shrinking population.” The Pakistan Business Council (PBC) recommends that Pakistan request preferential tariff access for its textile products or at least the same tariffs that Japan applies to these products when imported from Bangladesh or ASEAN. Once Pakistan has established a sufficient presence in these categories of textiles, can begin negotiations for a more inclusive and comprehensive free trade agreement, that I look like this great opportunity between relations between the two countries, I would certainly be interested in the jobs to come in Japan, source: I would also like to help Sayed Zulfi saab to conclude agreements with Canada and the United States to draft an agreement so that we can export young skilled and unskilled workers from Pakistan and guarantee jobs in those two countries. I think there is more potential for our workers in those two countries and they are increasing dollar transfers. There is good export potential for more than one million workers to these countries of high origin. Pakistan played a leading role in Japan`s economic recovery in the 1950s, mainly by exporting cotton and jute to Japan, with textiles virtually the only industry to continue under Allied occupation. SCAP-Japan sent its first trade mission to Pakistan in May 1948, under the direction of R. Eaton.

Two months later, Japan signed a trade agreement with Pakistan, which was also Japan`s first post-war trade agreement. Much of Pakistan`s export was on deferred payments, because Japan was not on currencies.