A. Kasbati & Co Views & Recommendations: In our view, your entity may explore area of business terms with Saudi Arabia & Türkiye owing to matters in paras B to E, hence, may forward to relevant person in your entity (and not the whole group).

They may consider business terms with the above and those in paras B to E considering several countries for reducing costs, increasing sales & profits by sharing with the relevant Official / Department.

B. Background: (1) EIQC 464 of 19.8.26 about Mecca Agreement: Pakistan-Saudi-Türkiye Partnership to Drive Economic Growth and KC Views & Recommendations (2) For List of earlier relevant BFICs, please refer to para D.

C. Updated Commentary

1. Further to KQU 4042 of 17.8.26, being an important matter, we would inform you about Military Capabilities of the Mecca Joint Defence Agreement. (Attachment 466.1) in the ensuing paragraph.

2. Military Capabilities of the Mecca Joint Defence Agreement. Pakistan, Saudi Arabia and Türkiye bring together significant military strength, with combined capabilities spanning personnel, aircraft, tanks and major defence budgets.

(a) Pakistan: 660,000 personnel, 1,397 aircraft, 2,677 tanks; defence budget $9.1bn.

(b) Saudi Arabia: 247,000 personnel, 917 aircraft, 1,085 tanks; defence budget $63.99bn.

(c) Türkiye: 481,000 personnel, 1,101 aircraft, 2,284 tanks; defence budget $51.4bn. 

D. KC Conclusion

Pakistan is the First in respect of personnel, aricraft & tanks; while Türkiye is the Second and Saudia is the Last. However, their Defence Budget of Pakistan is the lowest, followed by Turkiya, which we understand due to per Capital Income. Hence, understand that the Security Agreement will be beneficial for Pakistan to increase Revenue; and for other countries to reduce their defence budget or to keep last at same levels.

E. List of other relevant BFICs

(a) TLQC 2743 of 18.5.24 about Saudi Beneficial Regional HQ regime for 30 years  

(b) BFIC 387 of 16.8.26 about Pakistan-Iran Bilateral Trade & Economic Cooperation and KC Views & Recommendation

(c) CDQC 291 of 24.10.26 about B2B Barter Trade with Afghanistan, Iran & Russia

(d) TLQC 3507 of 8.5.26 about Pakistan and Iran Comparative Study of 46 years in 10 areas

(e) EIQC 441 of 9.4.26 about Expected Negotiable 10 points details between US-Iran via Pakistan

(f) BFIC 349 of 3.1.26 about Pakistan – MERCOSUR Market Access & KC Recommendations

(g) EIQC 440 of 9.4.26 about Trump Ceasefire Interesting Tweet, agreeing to Negotiate on 10 Iran proposed points & KC Views

(h) PGEC 203 of 28.3.26 about Unnecessary US-Israel War on Iran & Highly Amazing Predictions

(i) 347 of 30.12.25 about Pakistan-Thailand Free Trade Agreement & Market Access & KC Recommendations

(j) 344 of 22.12.25 about Uzbekistan Market Access & KC Recommendations

(k) CDQC 259 of 7.6.24 about Afghan TT Abuses and Iran Smuggling Strain Pakistan Economy

F. Further Details & Services

Should you require any clarification or explanations in respect of the above or otherwise, please feel free to email Mr Amsal at amsal@kasbati.co with CC to info.kasbati@professional-excellence.com.

Best regards for Here & Hereafter
Asif S Kasbati (FCA, FCMA & LLB)

Managing Partner 

Kasbati & Co (1400+ Tax, Levies, Companies, Economy, Inflation, HR, Banking, Finance, etc

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