Pakistan to export handguns to United States: PHSADC

PESHAWAR: Pakistan Hunting and Sporting Arms Development Company (PHSADC) has signed memorandum of understandings (MoUs) with two international companies for the promotion of the export of hunting and sporting arms in United States and Lebanon.

The memorandums in these regards were signed during IWA and Outdoor Classics 2011 Exhibition in Nuremberg, Germany in the presence of Federal Minister for Industries and Production (MoIP), Mir Hazar Khan Bijarani On behalf of Pakistan Hunting & Sporting Arms Development Company, Khalid Chadda signed the agreement while the US and Lebanon companies were represented by their respective representatives.

During a meeting headed by Federal Minister for Industries and Production, Mir Hazar Khan Bijarani with the president of the US-based Century International Arms Corporation an order for the export of 2500 handguns on monthly basis was finalized.

In addition, Century International Arms Corporation also agreed to invest in Pakistan for setting up a state of the art Fire Arm manufacturing unit. This unit will export thousands of hunting and sporting arms to United States on monthly bases.

The second achievement of the company was the signing of another memorandum with Mairage Ramia B.S.N.L of Lebanon in the presence of the federal minister.

According to the memorandum Mairage Ramia B.S.N.L will represent Pakistani hunting & sporting arms in Lebanon for coming three years till Dec 2013, this contract is extendable on mutual understanding further.

Federal Minister for Industries and Production (MoIP) Hazar Khan Bijarani along with Chairman PIDC Gul Mohammad Rind is heading the team of Pakistan Hunting and Sporting Arms Development Company (PHSADC) in the exhibition.

Speaking on the occasion the Federal Minister appreciated the efforts of PHSADC team and its professional attitude in the promotion and presentation of Pakistani products in a very organized manner in the World II largest event of hunting and shooting sports.

He added that PHSADC is well equipped with in-depth product knowledge besides professional marketing and selling skills and the placing of orders by international customers is ample proof of it.

"These well planned efforts would help turn up in bringing precious foreign exchange and creating of more employment in the sector," concluded the minister.