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BAF had been operating MiG-29's since the 90's. In fact, the MiG deal was signed in the mid 90's during the ruling AL government. BA uses BTR-80's.
We asked the Americans for F-16's way back in the 80's, but they refused to sell them to us.
Have you considered how much an F-15 costs? Not to mention the extra investment for the required infrastructure to support them? It would similarly apply for the Typhoon or any Western jet for the matter. India's Rafale deal did not go exactly as planned not just because of money, but due to lack of understanding between the parties.
And for the record, the Americans did sanction the Pakistanis during the 65' War and the Kargil War. So one has to be careful. The Americans make brilliant weapons though. In fact, I would pick an American bird over a Russian/Chinese one any day. There's a reason why the Russians and Chinese still fear and respect the humble F-16.
The only rationale I can think of as far as Russian birds go is that they are the only ones that can fulfill the tender from a price/performance perspective. MiG-35 has identical maintenance schedule as the MiG-29 and training costs would be negligible.
When I saw the price of an Altay MBT, I was flabbergasted. Even the M1 Abrams is cheaper.
I doubt Bd had sent request for F16 in 80 decade, as at the time not many US Allies operating them (barring Israel), and at the time for second tier ally like South Korea, Thailand, Singapore and so on they offered F8 Crusader, F 5E and F4 Phantom as F16 is quite new and sophisticated enough to deter the balance of power and not to mention the fledging economy Bd at those difficult time cant afford it. And most likely US still harboring a suspicion against bd in which still on the orbit of India and Soviet.