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Monday, November 12, 2012

IDEAS 2012: Pakistan, China to market Al-Khalid tank together


Pakistan is aiming to find international buyers for its prized Al-Khalid tank, after reaching an understanding with co-producer China to market the product together, a top military official said on Sunday.

Heavy Industries, Taxila, and Beijing’s Norinco signed a memorandum of understanding to this effect on Thursday during the International Defence Exhibition and Seminar (IDEAS) 2012, Director General of Defence Export Promotion Organisation Major General Tariq Khan said.

“We are not in the business of selling t-shirts,” Khan said during the closing ceremony of the exhibition, as newsmen pushed him to justify claims about the event being a success. “It takes months and years of negotiations to seal the agreements. This MoU will help us a lot.”

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