AZADPAKISTAN2009
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According to information received, Negotiations are proceeding for credit mechanism betwen both nation. Pakistan demands to increase already revealed credit to be received via Eximbank to purchase both Milgem and T-129 Atak helicopters in same credit pack. Turkish side is on track to increase credit to be given to Pakistan, While demanding to take treasury guarantee from Pakistan side. BTW, It is said that the Milgem will be Istanbul class frigates for Pakistan, not corvette. @Bilal Khan (Quwa)
Appears to be a great deal, to bring in an Emerging Navy like Pakistan into Turkish Company's customer's list. Considering the potential to grow with Pakistan Navy lies higher as the Navy will certainly grow in next 10 years to minimum deterrance requirements in Asian continent
From growth / recurring order prespective , Pakistan is a very reputable customer and technology demonstrator infact we do participate in multiple Training missions globally