Nawaz Sharif inaugurates mega international defence expo

Image
IANS Karachi
Last Updated : Nov 22 2016 | 1:07 PM IST

Prime Minister Nawaz Sharif, addressing the inauguration of an International Defence Exhibition and Seminar here on Tuesday, reiterated Pakistan's commitment to discourage an arms race in the region.

"We pursue the motive of 'Arms for peace', which is the tagline of IDEAS," Nawaz Sharif said at the Karachi Expo Centre.

The International Defence Exhibition and Seminar (IDEAS) is being participated by 418 firms from 34 countries. It is a biennially held defence exhibition which brings together the defence industry's players across the globe to showcase latest technological innovations.

The defence industries of Turkey, China, Russia, North America, South America, Europe and Asia will have a significant presence at the exhibition, which has 157 Pakistani firms participating.

"This time 9 more countries are visiting and participating in IDEAS. These include Luxembourg, Denmark, Belarus, Czech Republic, Switzerland, Belgium, Romania and Nigeria," a statement said.

Nawaz Sharif jointly inaugurated the exhibition, which is set to run from Nov 22-25, alongside outgoing Army Chief Gen Raheel Sharif.

"Pakistan's ever growing defence industry is in quest for seeking international alliances to meet the requirements of its armed forces and growing needs of the regional defence forces," a statement posted on the IDEAS website explains why it was held in Pakistan.

"Pakistan's own defence products present a perfect mix of indigenous and foreign technologies thus offering an ideal platform for defence collaboration."

Besides showcasing of products, there will be several high-level meetings among foreign delegates, key government officials and participants on the sidelines of the four-day IDEAS for forging alliances in defence production. An important international defence seminar will be held at a hotel on Nov 22.

Although Chinese and Turkish defence industries will have a significant presence, Russia is participating in the event this time in a big way.

--IANS

ahm/rn

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 22 2016 | 1:00 PM IST

Next Story