Russia to sell SU-35 fighter jets to
Indonesia
Tue Aug 22, 2017 9:40AM
Russia is set to sell Indonesia nearly a dozen Sukhoi fighter
jets worth $1.14 billion in exchange for cash and commodities, officials in
Jakarta say.
Indonesia is to ship about $570 million worth of
commodities in addition to cash payments in return for 11 Sukhoi SU-35 fighter
jets, which are expected to be delivered in stages starting in two years,
Indonesian Trade Minister Enggartiasto Lukita said in a joint statement with
Defense Minister Ryamizard Ryacudu on Tuesday.
Details of the type and volume of commodities were “still
being negotiated.”
Previously the Indonesian trade minister had said the
exports could include palm oil, tea and coffee.
The deal is expected to be finalized soon between the
Indonesian state trading company PT Perusahaan Perdangangan Indonesia and the
Russian state conglomerate Rostec.
Russia is currently facing a new round of US-imposed
trade sanctions over the crisis in Ukraine.
Meanwhile, Southeast Asia’s largest economy is trying to
promote its palm oil products amid threats of a cut in consumption by European
Union countries.
Indonesia, which produces 35 percent of the world’s
certified sustainable palm oil (CSPO), is the world’s biggest producer of the
commodity.
Jakarta is also trying to modernize its ageing air force
after a string of military aviation accidents.
Indonesia, which had a $411 million trade surplus with
Russia in 2016, wants to expand bilateral cooperation in tourism, education,
energy, technology and aviation among others fields.
Source: presstv.com
Thai AF needs to get a squadron of these…….
Related post:
Sukhoi Su-35: Details
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