Japanese trading houses are diversified business entities that play a pivotal role in Japan’s economy by fostering international trade and facilitating the flow of goods, services, and capital. Introducing this model to Pakistan could bring substantial economic benefits and elevate its global standing. Trading houses can help Pakistan expand beyond textiles and agriculture by promoting minerals, IT services, and specialty food items in global markets.
They could also be used to draw in FDI. Their expertise can reduce costs and improve efficiency, and enhance global competitiveness. Instead of a businessman going abroad to market his products, he could use the expertise of the trading house to do the same more efficiently and cheaply.
Syed Hussein El-Edroos
Islamabad
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