Govt spend­ing bud­get on eco­nomic up­lift: Tan­veer

The Pak Banker - - NATIONAL -

Min­is­ter for De­fence Pro­duc­tion, Rana Tan­veer Hus­sain has said that In­dia is car­ry­ing out anti-Pak­istan agenda.

Speak­ing in Ra­dio Pak­istan's cur­rent affairs pro­gramme, he said Pak­istan was a peace­ful coun­try and did not want to in­dulge in any arms race with In­dia as the lat­ter was in­creas­ing its de­fence bud­get ev­ery year. The Min­is­ter said that Pak­istan was spend­ing its bud­get on the eco­nomic de­vel­op­ment and wel­fare of peo­ple, while In­dia was part of the 14 per­cent of global arms im­ports. He said Pak­istan was not un­aware of its de­fence needs and it had best army in the world.

Ex­pert de­fence affairs Dr. Maria Sul­tan said, "In­dia has emerged as the world's largest weapons im­porter in the world over a fiveyear pe­riod." United States and Rus­sia were the largest ex­porters of the weapons in the world, she ob­served. An arms race had been started in the world, she said and added In­dia wanted to be the global power but this would re­main its dream.

There was 90% ad­di­tion in In­dia's weapon im­port ca­pa­bil­ity which was the point of con­cern for other coun­tries of the world, she noted. In­dia had ex­pressed dis­ap­point­ment over Obama ad­min­is­tra­tion's de­ci­sion to sell eight F-16 fighter jets worth nearly $700 mil­lion to Pak­istan, she added. Both In­dia and Pak­istan should re­solve their is­sues through di­a­logue rather than to in­dulge in arms race, she sug­gested. This race, she said would re­sult in desta­bi­liz­ing the power of bal­ance in the re­gion, she re­marked. Se­nior an­a­lyst Dr. Khur­ram Iqbal said, "The peace re­search in­sti­tute SIPRI has pro­vided new data re­lated to the in­ter­na­tional arms trade. Ac­cord­ingly, the big­gest ex­porter was the US, well ahead of Rus­sia and In­dia was the largest arms im­porter in the world, he said. Be­tween 2011 and 2015, In­dia was the only coun­try to im­port more weapons, he added. In 2010-14, Rus­sia sup­plied 70 per cent of In­dia's arms im­ports, the US 12 per cent and Is­rael 7 per cent, he re­vealed. Con­tin­u­ing he said, im­ports in 2010-14 were 15 times higher than in 2005-2009 which in­cluded ad­vanced weapons such as anti-sub­ma­rine warfare air­craft.

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