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Pakistan buying 48 high-end military drones from China: report

12:15 PM | 9 Oct, 2018
Pakistan buying 48 high-end military drones from China: report
BEIJING - Pakistan's 'all-weather ally' China will sell 48 high-end military drones to Pakistan in a deal that is being perceived as one of the biggest deals in recent times.

According to a report by moneycontrol, Wing Loong II, a high-end reconnaissance, strike and multi-role endurance unmanned aircraft system, is manufactured by Chengdu Aircraft Industrial (Group) Company; it made its maiden flight in February last year.

In future, the Unmanned Aerial Vehicle (UAV) will also be jointly manufactured, as per the reports carried by Chinese state-run Global Times.

The Pak-China deal comes on the heels of India's move to acquire S-400 sophisticated missile defence systems from Russia; the deal was brokered during recent visit of Russian President Vladimir Putin to New Delhi.

The deal for the acquisition of Chinese drones was announced by Pakistan Air Force's Sherdils Aerobatic Team on its official Facebook account on Sunday, however, the exact worth of the deal was not revealed.

https://en.dailypakistan.com.pk/world/india-signs-s-400-defence-deal-with-russia-defying-washington-sanctions/

The air force academy aerobatics team announced the deal regarding the drones though Chengdu Aircraft Industrial Group did not confirm when the deal was reached.

China is the largest supplier of the weapon system to the Pakistan Army; both the countries also jointly manufacture JF-Thunder, a single engine multi-role combat aircraft.

According to military expert and TV commentator, Song Zhongping the deal involving as many as 48 Wing Loong IIs, if confirmed, would be China's largest export deal for drones to date.

The deal is trustworthy given the close military ties between the two countries and Pakistan's need for drones, Song said.

The writer is a civil servant.

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Pakistani rupee rate against US Dollar, Euro, Pound, Riyal - Check 20 April forex rates

Pakistani currency remains marginally same against US Dollar and other currencies on April 20, 2024. US dollar was being quoted at 277.5 for buying and 280.5 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 - 20 April 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.5 280.5
Euro EUR 293 296
UK Pound Sterling GBP 342.5 346
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.55 748.55
Canadian Dollar CAD 201 203
China Yuan CNY 38.47 38.87
Danish Krone DKK 39.78 40.18
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.11 912.11
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.61 25.91
Omani Riyal OMR 723.2 731.2
Qatari Riyal QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.47 307.97
Thai Bhat THB 7.56 7.71

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