ISLAMABAD (Kyodo) Pakistani President Asif Ali Zardari will discuss a $3 billion soft loan from Japan during his visit to Tokyo later this month, The News Islamabad reported Wednesday.
The newspaper said the loan sought by Pakistan from the Japan Bank for International Cooperation would be used to import goods and machinery, including turbines, generators and transmission lines.
Zardari is to pay a three-day visit to Japan sometime next week and an advance team is already in Tokyo.
According to the newspaper, the agenda for Zardari’s visit includes free trade and items relating to finance, commerce, food and agriculture, industries and production and higher education.
Pakistan may seek lower tariffs on 137 agriculture, textile, surgical and leather exports.
The country would also like Japan’s private sector to invest in a naphtha refinery, the report said.
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