Yes, you heard it right and I was equally as shocked as you are. Suzuki is going to make TOYOTA BELTA which will be exported to middle east and other countries but not from Pakistan, I am talking about the partnership of Suzuki Motors and Toyota Motors.
The TOYOTA BELTA in question is a Suzuki Ciaz which literary gets no change but where it said Suzuki it will say Toyota and where it said Ciaz it will say BELTA now.
This phenomenon is called Badge Engineering. One company sells a less selling item to another and they slap their own badges and sell it with their name. Suzuki has also done it with Holden and GM in the past and this is a common practice in the automobile world