Indonesia is waiting Russia’s decision to barter 11 Sukhoi fighter jets with Indonesian commodities including furniture, coffee and sugar, trade minister Enggartiasto Lukita said in Jakarta Monday.
"We give them time to discuss it internally," he said at the Presidential Palace compound. The offer includes defence equipment such as ships, Antara News reported.
The Indonesian and Russian governments have earlier made an agreement to barter 11 Sukhoi-35 fighter jets with a number of Indonesian commodities.
The agreement was realized following the signing of a memorandum of understanding by Russian state-owned company Rostec and Indonesian state-owned company PT Perusahaan Perdagangan Indonesia to purchase the fighter jets in exchange for the commodities.
"We are still making the list (commodities for the barter) that includes furniture, coffee and sugar that we will immediately send to them," he said. All main Indonesian commodities will be put in the list for Russia to choose from, he added.
He said Indonesia wished to increase the added value of its commodities through the barter.
"I wish there will be an added value. Even "kerupuk" (side dish) and bisquits are now exported to Africa including Nigeria and their volume is big. They have an added value," he said.
He said besides commodities Indonesia also offered defense system equipment including products from PT Pindad and PT Dirgantara Indonesia.
Indonesia has offered to pay $570 million worth of commodities in addition to cash for 11 Sukhoi Su-35 fighter jets worth $1.14 billion from Russia
Indonesia's 19-seater n219 aircraft which marked its first flight yesterday will spawn an amphibious version to serve smal islands in the country. Indonesian National Aviation and Outerspace Institute (Lapan) hailed the success of the test flight of its N219, made and designed in cooperation with PT Dirgantara Indonesia,
Thailand Air Force (RTAF)s Six F16 fighter jets and few fighter jets of the Indonesian Air Force (TNI AU) are holding a joint military training exercise known as Elang Thainesia XVIII 2017. Further "the training will be held from today for the next two weeks," Roesmin Nurjadin Air Force Base Commander Marshall Age Wiraksono said Monday
Russia and Indonesia have agreed an offset obligation program that outlined the Su-35 fighter jet's concept, as well as arranged delivery times and training programs. "The theoretical work is completed
Indonesias military has bolstered its border security with three Sukhoi jets to drive away the Islamic State Iraq and Syria (ISIS) militants from crossing the border from southern Philippines into the Indonesian territory. Chief of the Air Force base in Tarakan, Colonel Didik Krisyanto was quoted as saying by Antara news Sunday that the three Sukhoi aircraft, arrived on Friday to stay for a month in Tarakan to help forestall possible infiltration of the radicals from entering Indonesia after large scale offensive by the Philippine government military
Russia and Indonesia have reached an agreement for the latter to purchase eight Su-35 fighter jets. A formal contract is expected to be signed before the end of the year
Indonesias newly appointed Air Force Chief of staff Air Marshall Yuyu Sutisna has sworn to purchase Russias advanced Su-35 fighter jets at the earliest. Speaking after his inauguration at the State Palace on Wednesday, Yuyu told The Jakarta Post on Wednesday: "I want the Sukhoi [purchase contract] to be signed as soon as possible, hopefully this month"
Indonesia has finalized the purchase of 11 Su-35 fighter jets with 85% offsets which includes 50% commodity exports to Russia and 35% in aircraft maintenance, repair and overhaul (MRO) of the $1.1 billion deal
Indonesia's Defense Minister Ryamizard Ryacudu said on Thursday that the Russian-built Su-35S ‘Flanker-E multirole fighter jets ordered for the country's air force come with an entire weapons package. "They will be well-equipped with weapons because we have additional weapons on discount," Ryacudu, stated at the Presidential Palace was quoted as saying by Antara News
The Indonesian Armed Forces have received first five M113 Arisgator amphibious armored personnel carriers from Italy. The armored personnel carriers developed by Iralian Aris SpA( Applicazioni Rielaborazioni Impianti Speciali) were delivered on-board a transport aircraft of Singapore Airlines,
Russia will be featuring long-range bombers, S-400 and S-300 air defense systems and other military equipment at Combat Commonwealth-2017 drills of an integrated CIS air defense network that will be held on September 4-8. MiG-29, Su-27 and Su-30 fighters, Su-24 bombers, Su-25 close support fighters, Su-34 multipurpose fighter-bombers, MiG-31 interceptor jets and Mi-8AMTSh helicopters will also be used during the drills to be held at the Ashuluk range in the southern Russia's Astrakhan region in the country's south
Astronaut In Space Station Hacks into Same-Sex Spouse's Bank Account
Pentagon Orders $2.4B Worth F-35 Parts from Lockheed Martin
General Atomics Demos New Capabilities of MQ-9B SkyGuardian
North Korea Practicing Bombing with WWII Era AN-2 Biplanes
India's First Beyond Visual Range Air-to-Air Missile Ready
Russian AF to Receive Upgrade Su-30SM Jet with Engine from Su-35 Fighter...
Turkish Air Force Seeks Su-35 after F-35 Deal Collapse
China to Debut Black Hawk Competitor, Z-20 Helicopter in October Event
Artificial Intelligence (AI) is rapidly permeating the defence industry to aid and improve human decision-making
Upgrade of Russias Sukhoi Su-30SM fighters to equip them with armaments, radar, sensors and engines from the more powerful Su-35...
US companies sanctioned by China for supplying weapons to Taiwan may be denied rare earth elements (REEs), which have critical...
While the US F-35 stealth aircraft has become one the fastest selling fighter jets in the world aircraft market, thanks...
Russian state-run Almaz-Antey has released additional data on its latest export-version of Buk-M3 Viking air defense missile system (ADMS)
The MiG-29, one of Russias most exported military jet has been upgraded in India that expands its capabilities from an...