Indonesia barters coffee, palm oil for Russian fighter jets

AP News
Posted: Aug 07, 2017 6:43 AM

JAKARTA, Indonesia (AP) — Indonesia says it will barter coffee, palm oil and other commodities for 11 Russian-made Sukhoi fighter jets.

Indonesian Ministry of Trade spokesman Marolop Nainggolan said Monday that a memorandum of understanding for the barter was signed Aug. 4 in Moscow between Russia's Rostec and PT. Perusahaan Perdagangan Indonesia, both state-owned companies.

Indonesia's Minister of Trade Enggartiasto Lukita said in a statement that "this barter supervised by both governments, is expected to be materialized soon."

Caravan Forced Back at Mexican Border
Cortney O'Brien

The Indonesian defense ministry said earlier this month that had a deal had been finalized to purchase 11 Sukhoi Su-35 jets from Russia but didn't reveal on what terms.