A. Background: (1) EIQC 464 of 19.8.26 about Mecca Agreement: Pakistan-Saudi-Türkiye Partnership to Drive Economic Growth and KC Views & Recommendations in trail, blue, italic and double Line (2) Other relevant QCs in Para D.

B. Updated Commentary

Further to KQU 4144 of 23.10.26, being an important matter, we would inform you that about Pakistan, Qatar, Indonesia, Turkiye Sign "Badr" MoU (Attachment 479.1) in the ensuing paragraph, with emphasis in bold & Underline for quick reading. 

2. Pakistan, Qatar, Indonesia and Turkiye have signed the "Badr" Memorandum of Understanding to enhance cooperation in defense industries.The quadrilateral MoU was signed in Qatar 21.10.26.

3. It reflects the commitment to strengthening joint cooperation and developing strategic partnerships among Qatari Ministry of Defense, the Indonesian Ministry of Defense, the Pakistani Ministry of Defense, and the Turkish Ministry of Defense.

4. This MoU holds significant economic importance for the signatory countries, as it will leverage each country's capabilities in defence manufacturing, achieving cooperation, integration and the development of defence industry capacities to meet the needs of allied and friendly nations.

5. The signing ceremony was attended by Qatar's Deputy Prime Minister and Minister of State for Defence Affairs Mr Sheikh Saoud bin Abdulrahman bin Hassan Al Thani, Pakistan Defence Minister Khawaja Muhammad Asif, Turkish Defence Minister Mr Yaşar Güler, Indonesian Deputy Minister of Defence for Logistics, Defence Industries and Technology Affairs Mr Marshal Yusuf Jauhari and President of the Turkish Defence Industries

Authority Professor Dr. Haluk Görgün. 

6. Defence Minister Khawaja Mr Muhammad Asif said this memorandum reflects a shared commitment to contributing to regional peace and stability.

7. In a statement, he said the partnership aims at advancing cooperation across joint research and development, training exchanges and industrial capability building.

8. Mr Khawaja Asif said Pakistan places great importance on strengthening defence cooperation with trusted partners.

9. The Defence Minister said we look forward to exploring opportunities for strengthening self-reliance, industrial collaboration, joint production and technology transfer while drawing on the complementary strengths of our respective defence industries, in accordance with relevant international and domestic laws and regulations.

C. Kasbati & Co Recommendations

Keeping in view above, it is recommended to consider any benefit your entity can get out of above MoU relating to Qatar, Indonesia and Turkey.

D. Multiplication internally

Although all the Commentaries are to the extent of the Subscribed IDs only, however, your Goodself is allowed to share this QC within the Subscribed entity (and not to all Group entities, as each entity needs separate Subscription). However, may guide the Other Group entities Subscribe.

E. Further related QCs

(a) EIQC 460 of 5.8.26 about Kuwait_Pakistan Defence Cooperation cum Confidential Agreement

(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

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

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

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

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

(j) 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, or require Income Tax, Federal & Provincial Sales Tax or Withholding Tax Statement, Advisory, Return Filing or Review services, please feel free to email 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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