Nishan_101
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Aviation Week Is also talking about stealthy JF-17 & JF-17 could be MiG-21 of 21st Century I think Indian Media twisted these words of Aviation week into 'to match MiG-21'
I think the MOU was not to develop a stealthy version because its engine can make the jet to cross the level of Mach 1.6 level of speed because of the 2 vertical stabilizers tilted a bit to be stealthy. And also its very small aircraft and PAF might have agreed on a 5th Generation aircraft of which pictures we are viewing since 2005/2006 in different forums. And they might have agreed may be some years ago on the development whether a 50%-50% or 25%-75% JV but they are mentioning now due to the fact that its a special event for everyone.