The Spanish Government is considering a potential arms deal with Saudi Arabia worth more than $4.2bn as part of the modernisation of the Saudi armed forces.

The potential deal ould be sealed next month during the visit of Saudi Defence Minister Khaled bin Sultan and would include the sale of 270 Leopard 2E tanks.

The Spanish Defence Ministry has neither confirmed nor denied the report of the potential sale, according to Press TV.

Spain is training Saudi pilots at the Moron de la Frontera military base near Seville.

The US recently inked a $60bn arms deal with Saudi Arabia that included advanced fighter jets, helicopters, missiles and other weaponry and equipment.