Topyaps Logo

Topyaps Logo Topyaps Logo Topyaps Logo Topyaps Logo

Topyaps menu

Responsive image

Pakistan Appears To Have Lost The F-16 Fighter Jet Deal Over Money Issues With US

Published on 28 May, 2016 at 4:34 pm By

In what is possibly the biggest jolt to Pakistan, the deal for the eight F-16s from the US appears to have fallen through.

A report published in Pakistan’s leading newspaper Dawn says that to finalise the deal, Islamabad was required to provide a Letter of Acceptance for purchase of the jets by May 24.


Advertisement

The report quotes diplomatic sources saying that Pakistan never issued the document and the offer expired.

 

A Pakistan Air Force F-16 at a air force base hangar. KeyPublishing

A Pakistan Air Force F-16 at a air force base hangar. KeyPublishing

What was the problem?

The United States had agreed to sell eight F-16s to Pakistan but on the condition that the money would have to be financed by Islamabad.

The $699 million F-16 fighter jet deal was to be finalized partially through the US Foreign Military Financing (FMF) programme. The US Congress raised questions on Pakistan’s sincerity to tackle terrorism and refused to subsidise the sale.

 



Obama F16


Advertisement

 

A subsidy meant that Pakistan would have paid just $270 million for the jets. The US administration, however, asked Islamabad to pay the amount in full.

This led to a schism between Washington and Islamabad.

One prime concern of the US Congress was that the F-16s would be used in fighting India, with which US is on the verge of building a strategic and diplomatic tie far more stronger than it has ever had with Pakistan.

It is too early to read into the consequences of the deal falling through. As Pakistani Ambassador to US Jalil Abbas Jilani, “a dead-end has not been reached as yet”.

Yet Pakistan might not be too worried over the loss given their very strong bond with China and increasingly strengthening bond with Russia – both US rivals.

 


Advertisement

China Pak

Advertisement

Latest Stories

Kangana Gave Befitting Reply To Trollers Who Criticising Her for Posing in a Bikini

Kangana Gave Befitting Reply To Trollers Who Criticising Her for Posing in a Bikini


Watch: Ranbir Kapoor Talk About His Marriage with Alia Bhatt In Recent Interview

Watch: Ranbir Kapoor Talk About His Marriage with Alia Bhatt In Recent Interview


Here’s Google’s report of the best Android apps 2020 in India

Here’s Google’s report of the best Android apps 2020 in India


Kangana Shared A Two Piece Picture of Her Got Trolled on Twitter

Kangana Shared A Two Piece Picture of Her Got Trolled on Twitter


17 Unseen Photos of Harshita Gaur, Famous Actress of Sadda Haq & Mirzapur

17 Unseen Photos of Harshita Gaur, Famous Actress of Sadda Haq & Mirzapur


Advertisement

Most Searched

More From Politics

Popular on The Web