Pakistan and Saudi Arabia are reportedly holding discussions to convert about $2 billion in Saudi financial support into a defence arrangement involving JF-17 fighter aircraft, Reuters has claimed, quoting Pakistani sources.
The talks reflect continued efforts by both countries to strengthen defence cooperation following the signing of a mutual defence pact last year. According to the report, discussions focus on the JF-17 Thunder, a multirole fighter aircraft jointly developed by Pakistan and China and manufactured in Pakistan.
The proposed arrangement could reportedly reach a total value of around $4 billion, including the loan conversion and additional spending on aircraft systems and related equipment. The JF-17 is reportedly the main option under consideration, though other possibilities remain under review.
Pakistan Air Force Chief Air Chief Marshal Zaheer Ahmed Baber Sidhu recently visited Saudi Arabia, where he held meetings on bilateral military cooperation.
Retired Air Marshal Aamir Masood told Reuters that Pakistan continues to engage with several countries regarding defence exports, including fighter aircraft and associated systems. He said the JF-17 has gained wider interest due to its operational use and cost-effectiveness.
Pakistan and Saudi Arabia signed a mutual defence agreement in September, further strengthening a long-standing security partnership that includes military training, advisory support, and strategic cooperation.
Via: Reuters
It looks difficult to get back the loan. The only option is to get in form of material. Now our forcibly formed regime is wondering how to procure the materials to make these aircrafts
The regime previous to this one was just as much forcibly formed in 2018. The only difference is that the 2018 regime delivered nothing and brought Pakistan yo the verge of bankruptcy.