Pakistan and Saudi Arabia are in talks to convert about $2 billion of Saudi loans into a JF-17 fighter jet deal, two Pakistani sources said, deepening military cooperation months after the two nations signed a mutual defense pact last year.
The talks underscore how the two allies are moving to operationalise defense cooperation at a time when Pakistan is facing acute financial strain and Saudi Arabia is reshaping its security partnerships to hedge against uncertainty about US commitments in the Middle East.
The mutual defense deal was signed following Israel’s strikes on Hamas targets in Doha.
One of the sources said the discussions were limited to the provision of JF-17 Thunder fighter jets, the light combat aircraft jointly developed by Pakistan and China and produced in Pakistan, while…
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Source www.jpost.com
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