07 Aug '17, 8am

Indonesia, Russia sign Su-35 countertrade deal - IHS Jane's 360

Indonesia, Russia sign Su-35 countertrade deal - IHS Jane's 360

Russia agrees to import Indonesian products to support pending fighter aircraft contract New countertrade deal likely to be one part of wider Russia-Indonesia engagement on Su-35 programme Indonesia and Russia have signed an agreement to facilitate countertrade deals in support of Jakarta’s pending contract to procure Sukhoi Su-35 'Flanker-E' multirole combat aircraft. The accord, which was signed on 3 August in Moscow, is channelled through a memorandum of understanding (MOU) signed by Rostec, the holding group for Russia’s defence industry, and Indonesia’s state trading company PT Perusahaan Perdagangan Indonesia (PT PPI). The Sukhoi Su-35. (IHS Markit/Patrick Allen) According to a statement by Rostec, the MOU “provides for co-operation in the implementation of [a] bilateral trade programme under the contract for the sale of Su-35 fighters to Indonesia”. Rostec added tha...

Full article: http://www.janes.com/article/72905/indonesia-russia-sign-...

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