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KARACHI: Pakistan's prestigious National Engineering and Scientific Commission (Nescom) signed a US$50 million defence sale MoU on Tuesday with Muslim and African states.
MoU was signed at International Defence Exhibition and Seminar Ideas 2006 at Expo Centre in Karachi.
“We are already exporting combined effect munitions to United Arab Emirates and currently having talks in this regard with Saudi Arabia,” Pakistan's internationally renowned scientist Dr Samar Mubarakmand told newsmen at Nescom's stall at IDEAS 2006 at Expo Centre.
Dr Mubarak also told that National Engineering and Scientific Commission (Nescom) had achieved 'minimum level of strategic defence' for the country, a total indigenous effort with no transfer of foreign technology.
Another MoU was also signed between Pakistan Ordnance Factories, Wah and GEAT Industries of France for co-production of 150mm artillery ammunition of extended range and reactive armour bricks for tanks which was witnessed by the President Pervez Musharraf.
The co-production will start early next year at POF, Wah.
Both sides also agreed for joint marketing of these defence products.
Chairman of POF Board Lieutenant General Syed Sabahat Hussain and Chief Executive Officer GEAT Industries of France L Pascal signed the MoU at a ceremony during fourth International Defence Exhibition & Seminar Ideas 2006 in Expo Centre, Karachi.
Federal Minister for Defence Production Habibullah Waraich and Chief of Naval Staff Admiral Muhammad Afzal Tahir were also present.
