Pakistan, Saudi Arabia Discuss Converting Loans into JF-17 Fighter Jet Deal: Reuters

Pakistan and Saudi Arabia are negotiating to convert $2 billion in loans into a military deal, potentially including JF-17 fighter jets, sources said.

Pakistan and Saudi Arabia are holding talks to convert around $2 billion of Saudi loans into a military deal involving JF-17 fighter jets, sources told Reuters on Wednesday.

The discussions, aim to deepen defense cooperation between the two countries and come months after Islamabad and Riyadh signed a mutual defense pact.

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