AGL 38.02 Increased By ▲ 0.08 (0.21%)
AIRLINK 197.36 Increased By ▲ 3.45 (1.78%)
BOP 9.54 Increased By ▲ 0.22 (2.36%)
CNERGY 5.91 Increased By ▲ 0.07 (1.2%)
DCL 8.82 Increased By ▲ 0.14 (1.61%)
DFML 35.74 Decreased By ▼ -0.72 (-1.97%)
DGKC 96.86 Increased By ▲ 4.32 (4.67%)
FCCL 35.25 Increased By ▲ 1.28 (3.77%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 13.17 Increased By ▲ 0.42 (3.29%)
HUBC 127.55 Increased By ▲ 6.94 (5.75%)
HUMNL 13.50 Decreased By ▼ -0.10 (-0.74%)
KEL 5.32 Increased By ▲ 0.10 (1.92%)
KOSM 7.00 Increased By ▲ 0.48 (7.36%)
MLCF 44.70 Increased By ▲ 2.59 (6.15%)
NBP 61.42 Increased By ▲ 1.61 (2.69%)
OGDC 214.67 Increased By ▲ 3.50 (1.66%)
PAEL 38.79 Increased By ▲ 1.21 (3.22%)
PIBTL 8.25 Increased By ▲ 0.18 (2.23%)
PPL 193.08 Increased By ▲ 2.76 (1.45%)
PRL 38.66 Increased By ▲ 0.49 (1.28%)
PTC 25.80 Increased By ▲ 2.35 (10.02%)
SEARL 103.60 Increased By ▲ 5.66 (5.78%)
TELE 8.30 Increased By ▲ 0.08 (0.97%)
TOMCL 35.00 Decreased By ▼ -0.03 (-0.09%)
TPLP 13.30 Decreased By ▼ -0.25 (-1.85%)
TREET 22.16 Decreased By ▼ -0.57 (-2.51%)
TRG 55.59 Increased By ▲ 2.72 (5.14%)
UNITY 32.97 Increased By ▲ 0.01 (0.03%)
WTL 1.60 Increased By ▲ 0.08 (5.26%)
BR100 11,727 Increased By 342.7 (3.01%)
BR30 36,377 Increased By 1165.1 (3.31%)
KSE100 109,513 Increased By 3238.2 (3.05%)
KSE30 34,513 Increased By 1160.1 (3.48%)
Pakistan

Pakistan's arms exports witness exponential growth

The arms exports exceeded $210 million in the fiscal year through June. Pakistan's next door ally China playin
Published November 9, 2019 Updated December 14, 2019
  • The arms exports exceeded $210 million in the fiscal year through June.
  • Pakistan's next door ally China playing a significant role in expanding Pakistan’s arms manufacturing capability.

Building up its arms capability, Pakistan has witnessed an exponential growth in its arms exports as the country aims to become one of the leading suppliers of defense equipment.

As per the Nikkei Asian Review, Pakistan's arms exports exceeded $210 million in the fiscal year through June, said a senior Pakistani government official. This shows an exponential rise from the approximately $100 million in arms sales just two years earlier.

The report states that the rising arms export is part of Pakistan's push for greater weapons self sufficiency, with neighbouring ally China playing a significant role in expanding Pakistan’s arms manufacturing capability.

"The JF-17 has helped Pakistan lay the groundwork for self sufficiency," said retired Lt Gen Talat Masood, a former Pakistan military commander and defense analyst. The former army man further said that China has also helped Pakistan produce tanks and has assisted Pakistan’s navy with assistance in building warships and submarines. "Now, Pakistan is seeking to tap export markets," said Masood.

Back in January, it was learnt that the Pakistan Aeronautical Complex (PAC) Kamra has built and exported around 80 Mushaq aircraft during the last five years. It was also learnt that that the manufacturing of JF-17 Thunder aircraft is underway which would be exported to Myanmar while an accord has been signed to sell the jet fighters to Nigeria.

The report further added that Pakistan has strong potential to significantly raise its defense exports despite a global market dominated by the U.S. and other Western countries.

"Ultimately, Pakistan's access to some of these markets will be limited," said Nazir Hussain, a professor of international relations at Islamabad's Quaid-i-Azam University. Hussain was of the view that Pakistan will have to rely on countries with budget constraints, such as in Africa.

Comments

Comments are closed.