KARACHI: Heavy Industries, Taxila and Norinco - China on Thursday signed a memorandum of understanding (MoU), paving way for joint marketing and sale, on private-public partnership basis, of jointly manufactured defence and commercial products, according to a statement.
The MoU signed by Lt Gen Ayaz Saleem Rana, chairman of the Heavy Industries Taxila (HIT) and Wang Li, vice president of Norinco, the Chinese defence firm, will enable HIT to open itself to the international markets in consent with the governments of Pakistan and China, it said.
Secretary, Ministry of Defence Production, Lt. Gen Shahid Iqbal (Retd) and Additional Secretary, Tariq Rashid Khan were also present during the signing ceremony.
This MoU signed, on the sidelines of the ongoing defence exhibition, IDEAS 2012, also encompasses further strengthening of joint commercial ventures undertaken by the two countries. HIT established in 1974, in collaboration with Norinco - China, was initially a rebuilt factory and is presently manufacturing different defence and commercial products, including tanks, prime movers, trucks and so-forth.
These are besides essential components of varied heavy load gadgets.
Meanwhile, Chairman Joint Chiefs of Staff Committee (CJCSC), Gen. Khalid Shameem Wynne expressed Pakistan’s stance on regional peace and said, “We are a peace loving nation and our progress in defence production is aimed at maintaining peace, thus, the apt theme Weapons for peace is evident in all facets of this exhibition.”
Talking to visiting delegates, he said that IDEAS-2012 provides a common ground to all defence production-related institutions to interact with each other and learn from each other’s technological prowess, which would enable them develop technologies for the ever-changing security needs, according to a statement issued by the ISPR.
On the second day of IDEAS-2012, General Khalid Shameem Wynne, spent a busy day, meeting visiting dignitaries and delegations.
Gen Sher Mohammad Karimi, CGS, Afghan National Army, Islamic Republic of Afghanistan , Rear Admiral LV Sukhanov, Deputy Chief of Main Naval Headquarters, Russia, Brigadier General Djibo Tahirou, Secretary General of Ministry of Defence, Niger, Lieutenant General Mohammad Elhassan Abdalla Ahmed, Chairman of MIC, Sudan, Major General Omer Zainulabdeen, Assistant Director General Military Industry Cooperation for Development of Security & Defence, Sudan, Lieutenant General Kennedy Tlali Kamoli, Chief of Defence Forces, Lesotho, Major General Yun Tong Hyon, Deputy Minister, North Korea, Brigadier General Qaseem Fadeel Al Nahar, Comd Royal Jordanian Naval Forces, Jordan, Brigadier General Mofareh Al Tarawneh, Deputy Managing Director Engineer, Jordan and Lieutenant General Mohammad Awad bin Sohaim, Commander RSADF called on the CJCSC.
The delegates appreciated the well-organised exhibition and congratulated the Chairman JCSC on the success of IDEAS-2012. Later, the CJCSC thanked the visiting dignitaries.