SUPPLY OF F-16 BY THE US TO PAKISTAN STALLED

As per a report in the media, Pakistan seems to have failed to seal the $700-million deal for the purchase of eight F-16 fighter jets from Lockheed Martin Corporation of the US following a row between the two countries over their financing. The Pakistani Government was required to provide the letter of acceptance for purchase of the eight F-16 fighter jets by May 24, 2016;