MOSCOW – Indonesia says it will barter coffee, palm oil and other commodities for Russian fighter jets, calling US and European sanctions against Russia an opportunity to boost trade.
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“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 the local and international media.
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.
“The deal allows expanding supplies of Indonesian goods that are the most easily-suited for the Russian market. The range of products will be discussed by members of a specially created advisory group,” the company’s press release reads.
Indonesia already operates 16 Sukhoi jets, bought in 2003, when it was subject to a US and EU embargo on arms sales amid the alleged military’s human rights abuses in East Timor in 1999.
The Su-35 is a long-range ‘4++ generation’ super-maneuverable fighter jet. It is armed with an internal 30mm cannon and has 12 hard points with a combined capacity of 8,000kg, compatible with a wide range of unguided and guided missiles and bombs. Its maximum speed is 2,500 km/h, with a range of 3,400km, and a combat radius of around 1,600km.