The Japanese government has warned that it will take Pakistan to the World Trade Organisation (WTO) over pressure on three Japanese car manufacturers to export their vehicles.
Honda, Toyota, and Suzuki face a requirement to export a percentage of their cars annually under Pakistan’s Auto Industry Development and Export Policy. This has prompted a formal complaint from Japan, raising concerns at various levels, including the WTO, reported a national daily.
The matter is currently under discussion, but if unresolved, it could escalate to WTO dispute settlement procedures. Meanwhile, Pakistani authorities argue that their actions are WTO-compliant.
Meanwhile, the auto sector suggests measures to enhance competitiveness, including seeking zero-rated Free Trade Agreements for auto parts in specific regions.
The Japanese Ambassador to Pakistan has engaged with officials in Islamabad, including the Commerce Minister and the Minister for Industries and Production, to address concerns regarding import quotas and export obligations.
Stay Connected with ProPakistani
Get the latest automobile news, car launches, bike reviews, videos and analysis wherever you prefer.
Add ProPakistani to Preferred Sources and see more of our stories in Google Search and Top Stories.
Beat decision from Govt of Pakistan, these Japanese car manufacturers and their Pakistani companies have eaten up Pakistan resources and this should have been done well before this time. Well it’s not too late, Govt doesnt have to bow down and stick to this decision of exporting vehicle from Pakistan like India has been doing the same for a long time.
Throw Japanese blackmailers out of Pakistan. If they are not allowing the exports from Pakistan, then what is the use of this industry?. Japanese automakers have already blackmailed us a lot and now enough is enough.