Pakistan on drive to boost defence exports
Sunday, 26 August 2007
ISLAMABAD, Aug 25 (PTI): Pakistan has embarked on an "aggressive" drive to boost its defence exports through joint ventures, with the country's military exports already netting more than USD 40 million in 2006-07.
The defence exports increased to more than USD 40 million in 2006-07 and France, Germany, South Korea, Turkey and other countries have offered joint ventures to manufacture and market small arms and ammunition.
"The industry is also meeting its domestic requirements of sophisticated arms and ammunition," the chairman of the Pakistan Ordnance Factories (POF), Wah, Lt-Gen Syed Sabahat Husain said.
The defence exports increased to more than USD 40 million in 2006-07 and France, Germany, South Korea, Turkey and other countries have offered joint ventures to manufacture and market small arms and ammunition.
"The industry is also meeting its domestic requirements of sophisticated arms and ammunition," the chairman of the Pakistan Ordnance Factories (POF), Wah, Lt-Gen Syed Sabahat Husain said.