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Indonesia Barters Agriculture for Russian Su-35's

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posted on Aug, 7 2017 @ 07:18 PM
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So here is one way Russia gets around sanctions, and they have been doing so for years. They are open to transactions that do not even involve currency. The deal is to trade coffee, tea and palm oil for some Su-35's ! Who knows, they may sweeten the pot with gold too.

RT
“This barter under the supervision of both governments hopefully will soon be realized through the exchange of 11 Sukhoi Su-35s and a number of Indonesian exports, starting from coffee and tea to palm oil and strategic defense products,” Indonesian Trade Minister Enggartiasto Lukita said on Monday, as quoted by Reuters.
Russian state-run corporation Rostec signed a memorandum of understanding for the deal with Indonesian state trading company PT Perusahaan Perdagangan Indonesia. Rostec says it is committed to implement the terms of a counter trade program.

At the same time, the Russian corporation reserves the option to choose which goods it receives in trade from Indonesia as well as the right to pick trade partners and producers for cooperation under the agreement, according to Rostec.

The Russian Company Rostec made a press release on the matter.

translated by Google
As part of supporting the export of goods produced in Indonesia, Rosteh undertakes to ensure the implementation of an appropriate counter-trade program within the framework of contractual obligations. At the same time, the Russian side retains the right to choose the goods and trade partner producers in Indonesia. The structure of the agreement provides for the expansion of supplies of the most promising goods produced by Indonesian companies to Russia. The list of products will be agreed by the members of the working group established by the parties with the aim of implementing this agreement.

"We are confident that the signing of this agreement contributes to the deepening of military-technical cooperation with Indonesia and the expansion of trade relations between our countries," said Viktor Kladov, Director for International Cooperation and Regional Policy at Rostekh State Corporation.

May as well have a video of some Su-35




posted on Aug, 7 2017 @ 09:45 PM
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a reply to: worldstarcountry

Looks like a great plane for air show displays. I wonder how well it out maneuvers nimble little rockets?



posted on Aug, 8 2017 @ 08:27 PM
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a reply to: Aliensun
Well that probably is not going to be an issue for Indonesia. I assume they will use these for counter insurgency air support rather than against other state actors with AA systems.



posted on Aug, 9 2017 @ 02:33 AM
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Next up: California ponies up major ounces to acquire new jets for it's air national guard. Prospects on Vlad finally chilling way up.

I can see the headlines now. Major victory for capitalism.



posted on Aug, 9 2017 @ 02:47 AM
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a reply to: worldstarcountry

Damn Cuba gets coffee pots from China for raw precious minerals and Indonisia gets top of the line Russian migs for grain or what ever.

Its like a reversed cain and abel.


edit on 8 9 2017 by tadaman because: (no reason given)



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