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Has Azerbaijan signed a $1.6 billion deal with Pakistan to buy JF-17C fighter aircraft?

10:15 PM | 24 Feb, 2024
Has Azerbaijan signed a $1.6 billion deal with Pakistan to buy JF-17C fighter aircraft?
Source: File photo

ISLAMABAD – Azeri media reports suggest that Azerbaijan has signed a $1.6 billion deal with Pakistan to buy the JF-17C Block-III multi role fighter aircraft. 

Reports say that JF-17C Block-III is said to be the best choice for Baku in this budget.

A report shared by Azer News reported Pakistan’s biggest-ever sale, as Islamabad seeks to boost its military equipment. It said the Pakistan Aeronautical Complex signed the largest export deal in the country’s history with the Azerbaijan Air Force.

However, it seems that the deal will be completed this time because, according to the Turkish media, the Pakistani company is aiming to produce a total of 62 JF-17 Block III versions and deliver all of them to the Pakistan Air Force by 2024. After delivery to the Pakistani Army, it seems an export could happen.

There is no official confirmation of the deal from the Pakistani or the Azeri government.

Daily Pakistan Global Web Desk

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PKR exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 13 April 2024 Forex Rates

Pakistani currency remains largely same against US dollar and other currencies in open market on April 13, 2024.

US Dollar rate in Pakistan

On Saturday, the US dollar was being quoted at 277.4 for buying and 280.65 for selling.

Euro was quoted at 299.95 for buying and 302.9 for selling while British Pound stands at 349.5 for buying, and 353 for selling.

UAE Dirham AED was at 75.45 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 12 April 2024

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