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U.S., Pakistan hope for resolution soon to F-16 issue
December 3, 1998 (by
Lieven Dewitte) -
The United States and Pakistan said Friday they hoped for an "early and fair" agreement on how to compensate Islamabad for its aborted purchase of U.S. F-16 fighters.
At their meeting Wednesday, President Clinton briefed Pakistani Prime Minister Nawaz Sharif on U.S. efforts to compensate Pakistan for the $658million it paid for 28 F-16s -- which it never received due to U.S. sanctions imposed in 1990 because of Pakistan's nuclear weapons program.
U.S. officials said the United States has already paid $157 million of this back to Islamabad, raising the money by selling aircraft components to other countries. New Zealand Tuesday agreed to pay some $105 million over 10 years to lease the fighters, providing additional funds that could be used to give Pakistan some of its money back.
U.S. officials said the United States has already paid $157 million of this back to Islamabad, raising the money by selling aircraft components to other countries. New Zealand Tuesday agreed to pay some $105 million over 10 years to lease the fighters, providing additional funds that could be used to give Pakistan some of its money back.
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