Pakistan Getting Us Frigate At The End Of This Year

Pakistan to pay $78 mn for 30 year old frigate
ISLAMABAD: Pakistan will be paying the United States atleast $78 million to acquire a 30 year old Oliver Perry class frigate.

The first 30 year old frigate is expected to sail for Karachi by the end of this year as Pakistan continues to negotiate for acquiring five more Oliver Perry class frigates from the US.

Sources in Pakistan Navy told DawnNews that the 30 year old frigate, USS McInerney, was put on the US Navy’s inactivation list September last year. It will fly the Pakistani flag after retirement in September this year.

Pakistani sources said that frigate is a gift from US and will fly Pakistani flag as cost-efficient “hot-transfer” but US Defence Security Department in a notification to Congress said the frigate and its associated equipment, parts and logistical support will be worth atleast $78 millions.

This transfer would be done through the US International Programs Office and its foreign military sales department.

Once transferred to Pakistan, the ship will also join Combined Task Force aimed at fighting sea pirates in the troubled waters of the Gulf of Aden, Arabian Sea and Indian Ocean.

USS McInerney’s onboard refurbishment includes anti-submarine missile defences, surface-to-surface missiles, other advance weaponry systems and with helicopter deck landing facilities.—DawnNews

DAWN.COM | Pakistan | Pakistan to pay $78 mn for 30 year old frigate

Re: Pakistan Getting Us Frigate At The End Of This Year

How is this a gift if you're paying them $78 million?