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Israeli Prime Minister Benjamin Netanyahu and Croatian Prime Minister Andrej Plenkovic discussed the potential sale of used Israeli Air Force F-16 fighter jets to Croatia in a deal potentially worth US$500 million.

The two leaders met on the sidelines of the World Economic Forum in Davos on Friday.

The sale of the F-16 jets will be within the framework of a tender and that the used F-16s will be worth about $500 million. The number of aircraft for the price was not disclosed.

Croatia has invited a tender to replace its old Mig-21 jets and has received bids from Lockheed Martin for new F-16s, from Greece for used F-16s and from Saab for new Gripen aircraft. Some reports had said earlier that Israel and Saab have been shortlisted.