During the four-day conflict with India in May last year, Pakistan demonstrated not only the effectiveness of Chinese military hardware, but also its own indigenously produced equipment, like the JF-17 Thunder fighter jet, the Al-Khalid main battle tank and the Fatah series guided multiple launch rocket system (G-MLRS). In particular, the JF-17‘s role in the May conflict and in the skirmish with India in 2019 proved the jet’s capabilities in battle. During last year’s war with India, the Thunder was credited with destroying the state-of-the-art S-400 surface-to-missile system deployed by India at Adampur. The jet also made a strong showing at last year’s Dubai Airshow. Earlier this week, the defence minister said the success of its weapons industry could transform the country’s economic outlook. “Our aircraft have been tested, and we are receiving so many orders that Pakistan may not need the International Monetary Fund in six months,” Khawaja Asif told Geo News. Here is a brief timeline of arms deals that Pa...
United States Treasury Secretary Scott Bessent said Australia and several other countries would join a meeting of finance ministers from the Group of Seven (G7) advanced economies that he is hosting in Washington on Monday to discuss critical minerals. Bessent said he had been pressing for a separate meeting on the issue since last summer’s summit of G7 leaders, and finance ministers had already held a virtual meeting in December. India was also invited to attend the meeting, Bessent told Reuters in an interview after touring the Minneapolis-area engineering lab of RV and boat maker Winnebago Industries. He said he was unsure if it had accepted the invitation. It was not immediately clear which other countries had been invited. The G7 includes the United States, Britain, Japan, France, Germany, Italy and Canada, as well as the European Union, most of whom are heavily dependent on rare earth supplies from China. The group last June agreed on an action plan to secure their supply chains and boost their economie...