Re: Pakistan to buy $1bn of Attack helicopters, missiles from USA
Isay kehte hen, Paisa boht hai sukoon nai hai :yawn:
China, Pakistan to Sign Largest Military Contract: Reports - People’s Daily Online
China, Pakistan to Sign Largest Military Contract: Reports(CRI Online) 11:16, April 03, 2015
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It’s been reported that the Pakistan government has approved a deal concerning the purchase of 8 submarines worth around 5 billion US dollars from China, Financial Times reported.
It will be the largest military trade contract between the two countries and also China’s largest arms exporting deal if successfully implemented.
These submarines will fill in a strategic gap for the Pakistan military, according to a former Pakistan high-profile navy commander.
According to reports, Pakistan has always been the biggest buyer of Chinese exported weapons. Over the past 5 years, over 40 percent of the total amount of weapons China exported were sold to Pakistan.
During that time, the exporting of Chinese weapons increased by 143 percent which made China the third largest weapon exporting country in the world, behind only the US and Russia.
PM approves deal to buy eight Chinese submarines - The Express Tribune
PM approves deal to buy eight Chinese submarinesBy Reuters
Published: April 2, 2015
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[RIGHT]A multi-billion dollar deal would be one of China’s largest overseas weapons sales. PHOTO COURTESY: DEFENCE.PK[/RIGHT]
****ISLAMABAD/BEIJING: Prime Minister Nawaz Sharif approved a deal “years in the making” to buy eight submarines from China, a government official said on Thursday, in what could be one of China’s largest overseas weapons sales once it is signed.
The official, who was present at Tuesday’s meeting of the National Assembly Standing Committee on Defence which was briefed by the Navy, said the deal to buy the diesel-electric submarines would likely be signed by Chinese President Xi Jinping when he visits, “but that is still not final”.
Xi was due to travel to Pakistan this month, the government in Islamabad has said. China has said Xi would visit this year, but given no timeframe.
Read: Pakistan tops list of Asian countries buying weapons from China: report
China and Pakistan call each other “all-weather friends” and their close ties have been underpinned by long-standing wariness of their common neighbour and rival, India, and a desire to hedge against US influence across the region.
“The prime minister has approved buying eight submarines from China and these would be used to bolster Pakistan’s strength,” the official, who asked not to be identified, told Reuters.
He added that “last-minute homework is pending”. “Some officials are travelling to China even today. Work is ongoing,” he said.
“This deal is years in the making.” He said Pakistan was looking at S20 and Yuan class diesel-electric vessels. A former senior Pakistan navy officer with knowledge of the negotiations told the Financial Times the contract could be
worth $4 billion to $5 billion.
Asked about the submarines, Chinese Foreign Ministry spokeswoman Hua Chunying said China and Pakistan were friendly neighbours and that the two sides had normal military exchanges.
“I can tell you, relevant cooperation does not violate international convention and accords with China’s three principles on military exports,” she told a daily news briefing.
China is Pakistan’s top supplier of weapons, according to the Stockholm International Peace Research Institute (SIPRI), which tracks global arms sales, selling 51% of the weapons Islamabad imported in 2010-2014.
China has also surpassed Germany to become the world’s third largest arms exporter, SIPRI said in a report last month. Little is known about China’s arms exports because the country does not publish data on such sales.
The official also said that Pakistan had been in talks with France to buy new submarines, but the proposal was declined by the French.
A top US Navy admiral said in February that, though they were technologically inferior, China’s submarine fleet now outnumbered that of the United States.
