Pakistan against any arms race in region: PM
KARACHI: Highlighting significance of the International Defence Exhibition and Seminar (IDEAS) at the international level, Prime Minister Nawaz Sharif says our defense products are state of art and fully tested by our own army.
Pakistan has best business investment opportunities for foreign investors,” said Mr. Sharif while addressing the inauguration ceremony of the exhibition in Karachi.
The prime minister underlined that Pakistan was against any arms race in the region.
We want boost in the private sector in Pakistan, Mr. Sharif said.
He said energy crisis had largely been overcome in the country. He said international institutions were acknowledging improvement in Pakistan’s economic indicators.
The PM vowed that the incumbent government will take overall GDP growth rate to 5 per cent by end of the ongoing fiscal year.
He was of the view that terrorism incidents had significantly declined after initiatives for security improvement.
The military exhibition is being organized by Defense Export and Promotion Organization under theme of “Arms for Peace.”
One hundred fifty seven national and 21 foreign companies will exhibit their products throughout the four-day military arms exhibition. Around 90 representatives from 43 states will attend the event, organizers said.
Pakistan’s Al-Khalid tank, JF-17 Thunder, K-8 Aircraft, Fast Attack Aircraft and Mushshak 18 aircrafts and fast attack missile boats will also exhibited in the event.
The traffic police has announced traffic plan for the four-day IDEAS exhibition which is to open at the Karachi Expo Centre on Tuesday (today).
Read More: Traffic plan for IDEAS 2016 announced
Meanwhile, sources said that Prime Minister Nawaz Sharif will chair a key meeting on the law and order situation at Governor House today.
He is also scheduled to meet Chief Minister of Sindh Murad Ali Shah in which the targeted operation in Karachi will come under discussion. He will also review the progress made in the construction of Green Line Metro Bus project.