The senior diplomat expected that the MoU could be signed between the two countries during next month (November). He said that Japan intended to attract up to 500,000 blue-collar workers from all over the world to Japan over five years by 2025 and further enhance this by 2030.
This law, which took effect in April of this year, creates two new categories of visas for blue-collar workers in 14 sectors as Japan was facing labor crunch. Yusuke Shindo said that new VISA policy for immigrant labor would come to an effect from April 1st of this year, creates two new categories of visas including visas for blue-collar workers and low tech labor workers in 14 sectors that face a labor crunch.
He said that Japan has open doors for foreign Workers of different courtiers to undertake a policy initiative to alleviate problems caused by its rapidly growing old population of more than 60. He said that in current scenario because of gray population of age more than 60s, Japan had faced labor shortage of labor for which "We need to exports skilled labor from the Pakistan India , Sri lanka ,Bangladesh and other Association of South East Asian Nations (ASAIN).
He also praised the Pakistani workers who were working in Japan, saying that they were more skilled and working with full commitment and honesty. Senior diplomats added that professional skills and proficiency in Japanese language would be must for this worker to work in Japan under this policy. He said that in past lack of language ability, cultural gaps, costs of training, mismatches in skills and the fact that many foreign workers cannot stay permanently in Japan.
He said that Japan and Pakistan has enjoyed historical diplomatic and economic relation, where Japan has always supported Pakistan in every situation. Yusuke Shindo said that Japan has major exports Pakistan in automobile sector including Motor Cars and Vehicles, Flat steel, Tractors and transport.
He added that Japan has imports mainly in agriculture including Cotton Yawn, Oils, Knitwear's, Cotton fabric and woven cotton fabric. He said that both side have more potential to increase bi- lateral trade from current volume of trade and double the figure to exploit the resources. Pakistan need to enhance the competitiveness in their exports items for competing in international market to increase its export to lower Balance of Payments issue.
Replying to a question, he said that Japanese companies are interested to establish the industrial units of auto parts in Pakistan for bringing investment to provide opportunity to the local people. He said that Japanese experts are also ready to train the local agriculture worker for value addition and to establish the agro-industry in Pakistan. Senior diplomat said that Pakistan has proposed and wants to negotiate on Free Trade Agreement (FTA) to provide more access in both potential markets. He informed that before negotiating on FTA both side are negotiating to lower the tariff line in potential trade items and also further go for preferential Trade agreement in future.