Indonesia offers coffee, tea & palm oil in exchange for Russian fighter jets
‘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.
“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.’
Read more: Indonesia offers coffee, tea & palm oil in exchange for Russian fighter jets
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