Pakistan and Saudi Arabia are reportedly holding discussions on a plan that could convert around 2 billion dollars in Saudi loans into a defence-related agreement involving JF-17 fighter jets. The move is being seen as a positive step toward strengthening long-term military and strategic cooperation between the two close allies.
According to sources familiar with the matter, the talks are linked to a mutual defence cooperation agreement signed between Pakistan and Saudi Arabia last year. The discussions come at a time when Pakistan is managing financial challenges, while Saudi Arabia is reassessing its regional security needs and defence partnerships.
At the center of the talks is the JF-17 Thunder, a multi-role fighter aircraft jointly developed by Pakistan and China and produced locally by the Pakistan Aeronautical Complex. The JF-17 is known for being cost-effective, reliable, and capable of performing a wide range of missions. It is already in service with the Pakistan Air Force and has been exported to several countries.
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Sources say that if negotiations progress, the overall value of the potential defence deal could reach up to 4 billion dollars. This may include fighter jets, training programs, technical support, and related defence equipment.
Analysts believe that converting part of the existing Saudi loans into a defence agreement could ease short-term financial pressure on Pakistan while boosting its local defence industry. At the same time, Saudi Arabia would gain access to a proven and affordable fighter platform, strengthening its defence capabilities.
Although officials from both sides have not yet publicly confirmed the talks, experts say such an arrangement would benefit both countries. It would deepen defence cooperation, support economic stability, and further strengthen strategic ties between Islamabad and Riyadh.
If finalized, the deal would mark an important step in Pakistan–Saudi Arabia relations, combining financial cooperation with defence collaboration in a changing regional and global security environment.
