Constructing up its arms capability, Pakistan has witnessed an exponential growth in its own arms exports as the country aims to become one of the leading providers of defense equipment. As per the Nikkei Asian Review, Pakistan’s arms exports exceeded $210 million in the fiscal year by June, said a senior Pakistani government official.
This reveals an exponential increase from the approximately $100 million in arms sales only two years earlier.The analysis states that the rising arms export is part of Pakistan’s push for greater weapons self sufficiency, with neighbouring ally China playing a significant role in expanding Pakistan’s arms manufacturing capability.
The former army man further said that China has also helped Pakistan produce tanks and has assisted Pakistan’s navy with assistance in developing warships and submarines.
“Today, Pakistan is seeking to tap export markets,” said Masood.Back in January, it was learnt that the Pakistan Aeronautical Complex (PAC) Kamra has built and sprinkled around 80 Mushaq aircraft during the last five years.
The arms exports exceeded $210 million in the fiscal year through June.
Pakistan’s next door ally China playing a significant role in expanding Pakistan’s arms manufacturing capability.
It was also learnt that that the manufacturing of JF-17 Thunder aircraft is underway which could be exported to Myanmar while an accord has been signed up to sell the jet fighters to Nigeria.
The report further added that Pakistan has strong potential to significantly raise its protection exports despite a global market dominated by the U.S. and other Western countries.”Ultimately, Pakistan’s access to a number of these markets will likely be limited,” said Nazir Hussain, a professor of international relations at Islamabad’s Quaid-i-Azam University. Hussain was clearly of the opinion that Pakistan will have to rely in states with funding constraints, such as in Africa.