An identification challenge for everyone

[ccdjg]

Things seem to have been bit slow on here the last few days, so I thought a bit of a challenge for the keen pistol collectors might be timely.

Mystery spring air pistols do not crop up very often, especially those from countries not generally known to produce air guns, so I was surprised very recently to come across this rare example, and I was even more surprised when I found out where it was made.

http://imgur.com/a/cBT7b

It is a not recent introduction and so must be extremely rare outside its country of origin. So, can anyone identify it, or guess where it was made? All will be revealed eventually.

P.S. it is NOT Indian !