Kompromat
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These rather fine ideas should be explained in a Quwa report exploring the possible avenues of cooperation. We can also add SA HMS to the list. @Quwa
The incentives align. South Africa is looking to make in-roads against the incumbent players, and while that country has all of the right munitions (e.g. Denel Umbani, A-Darter, Raptor II and in-development Marlin BVRAAM), it doesn't have a platform which it can market from without dealing with the incumbents.
On the other hand, the JF-17 doesn't have a set of native origin munitions. Instead, it uses weapon systems from China, Brazil and (if A-Darter is acquired) South Africa.
South Africa and Pakistan could basically get into a commercial agreement where each party could market the goods of the other party. Denel could use the JF-17 as the poster-bird for its munitions (especially when facing developing country air forces), and the PAF can line-up and talk-up Denel munitions at every air show it attends.
To make things even smoother, Pakistan could license manufacture the Umbani, A-Darter, Marlin, an export-oriented ALCM (which would ideally double as an AShM), etc, and be a vertically integrated vendor.
Heck, I'd even try to set up an agreement with South Africa's Paramount Group where it could buy a few JF-17s for use as training aircraft for 'Top Gun Training Academy' for African air forces. It currently uses the Mirage F-1, but if the PAF can proliferate JF-17s across the continent, it could change that.
Overall, Pakistan would be able to achieve public and private sector defence ties unlike any other.
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