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PM Nawaz, Gen Raheel inaugurate Defence exhibition IDEAS in Karachi

04:19 PM | 22 Nov, 2016
PM Nawaz, Gen Raheel inaugurate Defence exhibition IDEAS in Karachi
KARACHI - Prime Minister Nawaz Sharif inaugurated the ninth International Defence Exhibition and Seminar (IDEAS) 2016 being held at Expo Centre in Karachi from Tuesday.

The Prime Minister was welcomed at the venue by Chief of Army Staff (COAS) General Raheel Sharif. Defence Minister Khawaja Asif, Chief Minister Sindh Murad Ali Shah and IG Sindh also accompanied the prime minister.

The PM jointly inaugurated the exhibition, which is set to run from Nov 22-25, alongside Chief of Army Staff Gen Raheel Sharif, Chief of the Naval Staff (CNS) Admiral Mohammad Zakaullah and Chief of the Air Staff Air Chief Marshal Sohail Aman.

IDEAS is a biennially held defence exhibition which brings together the defence industry's players across the globe to showcase latest technological innovations.

About 90 delegations from 43 countries are expected to attend the exhibition and seminar, including 30 high-level teams comprising defence ministers, defence secretaries and services chiefs.


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


Some of the major indigenously developed products to be showcased at the event include battle tank Al-Khalid, JF-17 Thunder, Super Mushshak and K-8 aircraft, Fast Attack Craft Missile boats, UAVs, armoured personnel carriers and premium grade military hardware.


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The defence industries of Turkey, China, Russia, North America, South America, Europe and Asia will have a significant presence at the exhibition.

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An opening speaker at the event said there are 418 firms from 34 countries participating, out of which 157 are Pakistani firms.

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

Addressing the inauguration ceremony at IDEAS 2016, the PM said he was pleased to be attending the exhibition and welcomed the foreign delegations attending the expo.

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PM Nawaz said the country’s defence products are of advanced quality and lauded the efforts of the Defence Export Promotion Organization (DEPO) in strengthening public-private partnership in defence production.

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“Today, Pakistan presents vast opportunities for foreign investment, joint agreements and trade. The government is determined to further strengthen the economy,” he added.

He further said that Pakistan is against arms race in the region.

Another important feature of the IDEAS 2016 is the International Defence Seminar which will be held on Tuesday evening at a hotel here.

The occasion will be graced by President of Pakistan Mamnoon Hussain.

Traffic plan


The office of deputy inspector general police (traffic) had issued detailed instructions for the regulation of traffic during the exhibition.

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All traffic from Karachi airport would be shifted to Tipu Sultan through Baloch Colony. However, University Road would be open for traffic.

The plan also includes diverting the traffic from Liaquatabad No.10 to Shahrah-e-Pakistan.

Shah Salman Road from Hasan Square to National Stadium would be close for routine traffic. The citizens would not be able to use the Karsaz flyover to reach Stadium Road.

The writer is a member of the staff.

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Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 18 April 2024

Pakistani currency continues to gain against US Dollar and other currencies on April 18, 2024. US dollar was being quoted at 277.2 for buying and 280.3 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 18 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.2 280.3
Euro EUR 293 296
UK Pound Sterling GBP 342.25  345.65 
U.A.E Dirham AED 75.25  75.95
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 739.63 747.63
Canadian Dollar CAD 201 203
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.32 3.43
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.26 912.91
Malaysian Ringgit MYR 58.24 59.52
New Zealand Dollar NZD 164.75 169.63
Norwegians Krone NOK 25.42 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.37 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.56 7.76

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