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Pakistan, Saudi Arabia Negotiate $2B Fighter Jet Deal

1/8/2026

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Story summary
  • Pakistan and Saudi Arabia are negotiating converting $2 billion of loans into a deal to buy JF-17 fighter jets.
  • The mutual defense pact signed last year frames ongoing talks.
  • Pakistan aims to boost arms exports after a May clash with India.
  • Saudi Arabia remains in Yemen with UAE-backed forces, with ongoing U.S.–Saudi discussions on F-35 warplanes potentially influencing the outcome.