'Pakistan to earn USD 30 billion from defence exports in coming years'
IDEAS 2024) to export defence products and equipment including advanced drones, fighter jets, commercial and logistic ships, electronic warfare equipment, and radars, Ministry of Defence Production Secretary Lt Gen (Retd) Chiragh Haider told PTI.
Haider said the 12th edition of IDEAS held last week amidst tight security in Karachi was a big success and ended with a lot of potential export agreements.
Defence manufacturers and exhibitors from over 55 countries including the United States, Russia, China, Turkiye, Iran, Italy, the UK, and Azerbaijan sent delegations to take part in the exhibition.
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«Pakistan has signed MOUs for potential export orders totalling USD 30 billion but keep in mind MoUs take time to mature and turn into projects, as testing, trial, and sometimes further modification occurs,» Haider said.
Haider said the MOUs could and should translate into potential export orders in coming years.
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