Saudi Arabia and Pakistan in talks to swap loans for JF-17 warplanes: Report

Saudi Arabia and Pakistan are in negotiations to convert about $2 billion of Saudi loans into a deal for Pakistan to supply JF-17 fighter jets. The talks are part of a potential $4 billion arms deal for the Chinese-Pakistani jointly produced warplanes. This arrangement comes as Saudi Arabia increases its military posture in Yemen and as Pakistan looks to expand its arms exports. The deal highlights the long-standing alliance where the Gulf kingdom provides financial lifelines to Pakistan in exchange for military and intelligence support.