Industry News

Indonesia to barter coffee, palm oil, and rubber for Russian jet fighters

Indonesian state-owned trading company PT Perusahaan Perdagangan and Russian state-owned company Rostec have signed a memorandum of understanding to barter Indonesian agricultural commodities for Russian jet fighters.

“The barter deal, which is under the supervision of the two governments, will involve 11 Sukhoi SU-35 jet fighters and several commodities like coffee, palm oil, tea and others,” Trade Minister Enggartiasto “Enggar” Lukita said in a statement on Friday.

Read the whole article here: http://www.thejakartapost.com/news/2017/08/04/indonesia-to-barter-coffee-cpo-for-russian-jet-fighters.html