Pakistan hopes to boost arms exports
Reuters, Karachi
Pakistan, whose defence-related exports exceeded $200 million in the last fiscal year, is touting locally built tanks and other weapons to carve a niche for itself in the global arms market, a top army official said on Tuesday. Pakistani military is showcasing domestically produced arms and defence equipment at a four-day exhibition -- IDEAS 2006 -- in the city of Karachi. "Our target is to get a major deal and sell Al-Khalid (a tank), Al-Zarar (a tank) or K-8 trainer (aircraft)," said Major General Absar Hussain, director general of the Defence Export Promotion Organisation. A deal for any one of the systems would be seen as a success, he said. More then 230 companies from about 50 countries, including the United States, France, Germany, China and Turkey, are taking part in the exhibition. Companies from Pakistan's old rival, India, have not been invited, officials said.
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