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METI Parliamentary Vice-Minister Kitamura Visited the State of Qatar and the Islamic Republic of Pakistan

From November 7 (Sat.) through 11 (Wed.), 2015, Mr. Tsuneo Kitamura, Parliamentary Vice-Minister of Economy, Trade and Industry, visited the State of Qatar and the Islamic Republic of Pakistan to attend the 6th Asian Ministerial Energy Roundtable as well as Pakistan-Japan Government Business Joint Dialogue. In addition, he had meetings with energy ministers and representatives that attended the Asian Ministerial Energy Roundtable and also with government officials of the Islamic Republic of Pakistan.

1. The 6th Asian Ministerial Energy Roundtable


On November 9 (Mon.), 2015, Parliamentary Vice-Minister Kitamura attended the 6th Asian Ministerial Energy Roundtable. At the Roundtable, major energy producing and consuming countries in Asia gathered under the theme of “The New Energy Landscape: What Role for Asia?” to discuss the current situation, outlook, and challenges surrounding energy markets. Japan emphasized the following points, and gained supports of other countries.

(1) Importance of well-functioning market of LNG


Japan articulated the importance of developing the liquefied natural gas (LNG) market to make the market more flexible, liquid, and competitive in order to increase attractiveness of LNG, which is expected to be a major energy source in Asia. Japan reported the outcomes from the LNG Producer-Consumer Conference held in Tokyo in September 2015 and emphasized that stronger cooperation between producers and consumers is more indispensable than ever before.

(2) Sustainable investment in energy sector

The participants agreed that long-term stable supplies in international oil and gas markets need continuous upstream investment to meet future energy demand, even amidst the current oil market situations, while global energy demand is expected to increase in the long term, particularly in Asia. In this context, Japan stressed that enhancing market transparency, by the further improvement of the Joint Oil Data Initiative (JODI)’s data quality, would be necessary as a way to promote investment in producing countries of oil and gas.

(3) Energy efficiency

The participants endorsed the proposal of Saudi Arabia to establish an Asian Energy Efficiency Framework under the International Energy Forum (IEF). Recognizing that energy efficiency is a common challenge for both energy producing and consuming countries, Japan contributes to the efforts to promoting energy efficiency in Asia by sharing its technologies and experiences.

2. Meetings with Energy Ministers

Parliamentary Vice-Minister Kitamura exchanged opinions with ministers and representatives on this occasion of the Roundtable. He made a courtesy call on H.E. Sheikh Abdullah bin Nasser bin Khalifa Al Thani, Prime Minister and Minister of Interior, Qatar. He met with H.E. Dr. Mohammed Bin Saleh Al-Sada, Minister of Energy and Industry, Qatar, H.R.H. Prince Abdulaziz bin Salman Al Saud, Vice Minister of Petroleum and Mineral Resources of Saudi Arabia, and H.E. General Anantaporn Kanchanarat, Minister of Energy, Thailand, individually, and discussed cooperation in such areas as stable LNG supply, oil market, and power generation sector. In addition, Parliamentary Vice-Minister Kitamura and H.E. Mr. Abdalla Salem El-Badri, Secretary General of OPEC exchanged their opinions about oil market and the outlook of the global economy.


Courtesy call on H.E. Sheikh Abdullah bin Nasser bin Khalifa Al Thani, Prime Minister and Minister of Interior, Qatar

Meeting with H.E. Dr. Mohammed Bin Saleh Al-Sada, Minister of Energy and Industry, Qatar

H.R.H. Prince Abdulaziz bin Salman Al Saud, Vice Minister of Petroleum and Mineral Resources, Saudi Arabia

Meeting with General Anantaporn Kanchanarat, Minister of Energy, Thailand

Exchange of opinions with H.E. Mr. Abdalla Salem El-Badri, Secretary General, OPEC

3. The 5th Pakistan-Japan Government Business Joint Dialogue

On November 10 (Tue.), 2015, Parliamentary Vice-Minister Kitamura attended the 5th Pakistan-Japan Government Business Joint Dialogue as a representative of the government of Japan in Islamabad, the Islamic Republic of Pakistan. The following members participated in the dialogue: Mr. Teruo Asada, Chairman of the Japan-Pakistan Business Cooperation Committee (Chairman of the Board, Marubeni Corporation), 57 representatives from 24 Japanese companies, Mr. Mohammad Zubair, Chairman of the Privatisation Commission, as a representative of the government of the Islamic Republic of Pakistan, Mr. Sohail P. Ahmed, Chairman/CEO of the Pakistan Japan Business Forum (PJBF), and representatives from Pakistani companies.

 
Photograph of the Pakistan-Japan Government Business Joint Dialogue

At the meeting, the participants discussed possible solutions for the issues surrounding Japanese companies’ investment and penetration into the Islamic Republic of Pakistan and measures for the expansion of trade and investment between Japan and the Islamic Republic of Pakistan. Both countries agreed that it was important to strengthen and develop the economic relationship between two countries through public and private cooperation and agreed on a specific implementation plan for promoting future cooperation. In addition, “the New Frontier Action Plan to Enhance the Pakistan-Japan Economic Relationship” was formulated.
※Note: Refer to Appendix for the details of “the New Frontier Action Plan to Enhance the Pakistan-Japan Economic Relationship”.

Two countries decided to follow up on the status of the implementation of the details described in “the New Frontier Action Plan to Enhance the Pakistan-Japan Economic Relationship” and to establish a follow-up mechanism through cooperation between the Embassy of Japan in Pakistan and the Ministry of Commerce of the Islamic Republic of Pakistan. According to the implementation status, the next Pakistan-Japan Government Business Joint Dialogue will be held at an appropriate time.


Signing ceremony for “the New Frontier Action Plan to Enhance the Pakistan-Japan Economic Relationship”

4. Meeting with Mr. Ghulam Murtaza Khan Jatoi, Federal Minister for Industries & Production, Government of Pakistan

A meeting between Parliamentary Vice-Minister Kitamura and Federal Minister Jatoi, along with Mr. Hiroshi Inomata, Ambassador of Japan to Pakistan, Chairman of the Japan-Pakistan Business Cooperation Committee Asada, Mr. Tariq Ejaz Chaudhary, Chief Executive Officer of the Engineering Development Board of the Government of Pakistan (EDB), and other participants, was held amid a friendly atmosphere at Federal Minister Jatoi’s private house. Both sides were pleased with the realization and success of the 5th Pakistan-Japan Government Business Joint Dialogue in Islamabad, the Islamic Republic of Pakistan for the first time in eight years. In addition, they agreed that the business communities of Japan and the Islamic Republic of Pakistan should cooperate with each other and strengthen the economic partnership between the two countries by gaining momentum from the dialogue.

Parliamentary Vice-Minister Kitamura expressed the support for the government of Pakistan’s policy of advancing economic reform in the fields of electric power, tax systems, and other areas, proactively attracting investment and establishing an investment environment under the Sharif administration. Furthermore, he introduced Japan’s advanced technologies that could contribute to the economic development of the Islamic Republic of Pakistan, such as high-efficiency coal-fired power generation, and requested Pakistani government to solve the issues affecting the activities of Japanese companies, for example the formulation of consistent, lasting industrial policies and the enhancement of the safety and security in Pakistan.


From the left, Parliamentary Vice-Minister Kitamura, Federal Minister for Industries & Production Jatoi, and Chief Executive Officer of the EDB Ejaz

Appendix

Release date

November 12, 2015

Division in charge

  • International Affairs Division, Agency for Natural Resources and Energy
  • Southwest Asia Office, Trade Policy Bureau
Ministry of Economy, Trade and Industry
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