SpaceWar.com - Your World At War
Indonesia inks $1.1 bn deal with Russia to buy 11 jets
Jakarta, Feb 17 (AFP) Feb 17, 2018
Indonesia has inked a billion-dollar deal to buy 11 Sukhoi Su-35 jets from Russia, an official said Saturday.

The contract, signed by both countries' representatives in Jakarta on Wednesday, is worth a total $1.14 billion, Indonesia defence ministry spokesman Totok Sugiharto said.

"Two units of Sukhoi jets will be delivered in August 2018," he told AFP.

Another six jets would be delivered 18 months after the contract comes into effect, and the final three a further five months later, he said.

The deal comes after Indonesia said in August that it would seek to trade palm oil, coffee and tea for Russian fighter jets, saying it wanted to capitalise on international sanctions on Moscow.

The EU and US have targeted Russia with sanctions for alleged meddling in the US presidential election and its annexation of Crimea.

However, Indonesia's trade minister said the sanctions could be good news for his country as Russia is forced to seek new markets to import from.

Indonesia and Russia signed a memorandum of understanding to exchange 11 Russian-made Sukhoi fighters for key commodities in Moscow early August.

It was not announced Saturday in what form payment would be made.


ADVERTISEMENT




Space News from SpaceDaily.com
Shaping of rocky planets traced to final stages of formation
New Ocula imaging service to deliver detailed lunar data from orbit
Northrop Grumman expands use of NVIDIA AI to boost autonomous space operations

24/7 Energy News Coverage
Tesla to build first grid-scale power plant in China
EU bars Chinese firms from major state medical equipment contracts
Chinese exports of rare-earth magnets plummet in May

Military Space News, Nuclear Weapons, Missile Defense
Netanyahu says 'very, very close' to achieving goals; Iran vows retaliation after US
Russia: Other nations ready to supply Iran with nukes; as US claims strikes 'devastated' program
Iran threatens US bases in response to strikes on nuclear sites

24/7 News Coverage
China's Xi tells NZ's Luxon 'no conflicts of interest'
EU plans to scrap anti-greenwashing rules after pushback
Toxic threat from 'forever chemicals' sparks resistance in Georgia towns



All rights reserved. Copyright Agence France-Presse. Sections of the information displayed on this page (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence, you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the content of this section without the prior written consent of Agence France-Presse.