Pakistan, Saudi Arabia Eye $2 Billion JF-17 Jets-for-Loans Deal

• Pakistan and Saudi Arabia are discussing converting $2 billion of Saudi loans into a deal for JF-17 fighter jets.
• This move deepens military cooperation, following a mutual defense pact signed last year between the two nations.
• The deal helps Pakistan's financial strain and allows Saudi Arabia to reshape security partnerships amid US commitment uncertainties.
• The JF-17 Thunder, jointly developed by Pakistan and China, is combat-tested, cost-effective, and produced in Pakistan.
• Pakistan is actively expanding arms exports, recently striking a $4 billion deal with Libya and holding talks with Bangladesh for JF-17s.

Why It Matters: Pakistan and Saudi Arabia are strengthening military ties through a potential JF-17 jets-for-loans deal.