Pakistan, Saudi Arabia Eye $2B JF-17 Jet Deal, Converting Loans

• Pakistan and Saudi Arabia are discussing converting $2 billion in Saudi loans into a deal for JF-17 fighter jets.
• The talks deepen military cooperation, following a mutual defense pact signed last year between the two nations.
• Pakistan faces severe financial pressure, while Saudi Arabia recalibrates security partnerships amid US uncertainty in the Middle East.
• The JF-17 Thunder, jointly developed by Pakistan and China, is a cost-effective, combat-tested aircraft.
• Pakistan is expanding arms exports, with recent deals including Libya and ongoing talks with Bangladesh.

Why It Matters: Pakistan and Saudi Arabia explore converting $2B loans into a JF-17 fighter jet deal.