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Pakistan, Saudi Arabia in Talks to Convert $2 Bn Loans Into JF-17 Fighter Jet Deal: Report
Pakistan seeks to convert $2 billion Saudi loans into a $4 billion deal for JF-17 fighter jets and equipment, enhancing defense ties amid financial and regional security concerns.
- Pakistan and Saudi Arabia are in talks to convert about $2 billion of Saudi loans into a JF-17 fighter jet deal.
- The mutual defence deal, signed in September, committed both sides to treat any aggression against either country as an attack on both.
- The JF-17's marketability has been increased because it is tested and has been used in combat, and it's also cost-effective.
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Exclusive: Pakistan, Saudi in talks on JF-17 jets-for-loans deal, sources say
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 defence pact last year.
·United Kingdom
Read Full ArticlePakistan-Saudi Defense Pact: A Strategic Financial Conversion
Pakistan and Saudi Arabia are negotiating the transformation of a $2 billion Saudi loan into a JF-17 fighter jet deal. This follows a recent mutual defense pact. The agreement aims to enhance defense cooperation amidst Pakistan's financial struggles and Saudi's evolving security alliances.
·India
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Total News Sources37
Leaning Left5Leaning Right7Center4Last UpdatedBias Distribution44% Right
Bias Distribution
- 44% of the sources lean Right
44% Right
L 31%
C 25%
R 44%
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