Pakistan and China have signed an agreement for the indigenous construction of fourth F-22P Frigate in Karachi. The agreement was inked by Rear Admiral Iftikhar Ahmed Rao, Managing Director, Karachi Shipyard, and Yu Yang, Executive Vice President China Shipbuilding Trading Company, an official statement said. It added that signing of the agreement is yet another milestone in ever-increasing bilateral relations between the two countries in maritime sector. The agreement includes upgrading of Karachi Shipyard, training and technical assistance by Chinese side during construction of the construction of fourth F-22P frigate. Under a contract that was signed by the two countries in April last, China will transfer technology to Pakistan for manufacturing of F-22P Frigates. The project will significantly contribute to maritime defence of Pakistan and will also add a new dimension to China-Pakistan collaboration in the defence sector. The induction of F-22P frigates in the Pakistan Navy will significantly augment the existing surface fleet coupled with the transfer of the technology advantage, the statement said. --SP 14 05 Local Time 11 05 GMT