SABRE
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Getting F-16s with KSA support will be stupid thing to do, if KSA is ready to finance fighter jets then get EFTs latest trench as it will give better capability to PAF and will allow better working relationship with KSA air force.
Such a transaction might come with an added commitment by Pakistan to participate - directly or indirectly - in a possible war against Iran. In the long run the cost of such transactions could outweigh the benefits.