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Pakistan plans to increase arms exports to $1b a year

November 10, 2019
Pakistan plans to increase arms exports to $1b a year

Photo: APP

Pakistan is looking to expand its export of arms, with the end goal of selling $1 billion worth of defence equipment every year, according to a report by the Nikkei Asian Review. In fact, it has already started increasing its arms sales. 

The publication quoted a senior government official who said the export of weapons exceeded $210 million last fiscal year. Two years earlier, that same number was at $100 million. Five years before that, it was $60 million.

The officials credited this upward trend to Pakistan’s drive for greater weapons self-sufficiency.

Though there is no public data available on what kind of weapons were exported or where, it is thought that China has played a big role in Pakistani arms production. An example is the JF-17 Thunder fighter jets that are jointly manufactured by the two countries.

“The JF-17 has helped Pakistan lay the groundwork for self-sufficiency,” said defence analyst Lt Gen (retired) Talat Masood. He said China has also helped Pakistan produce tanks, supported its air force through the JF-17 project and its navy with assistance in building warships and submarines.

In 2016, Pakistan signed a deal with Myanmar for the sale of 16 JF-17 fighters and though the actual contract value was not made public, officials have privately said it was for around $400 million.

In addition to this, Pakistan has sold three JF-17s to Nigeria, signed a deal with Turkey to sell 52 Super Mushshak training aircraft and 1,000 PK-83 general purpose bombs.

Collaborating with China has helped Pakistan improve its ability to produce advanced weapons, according to analysts. “Pakistan has graduated well beyond just a manufacturer of small weapons,” a senior foreign ministry official said. “We are now looking at big-ticket items.”

Other analysts say Pakistan’s access to major markets will be limited and it will have to rely on countries with budgetary constraints, like those in Africa.

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Defence, Weapons, china, pakistan, nikkei asian review, pakistan arms sales, arms sales, export
 
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