The sports category has moved to a new website.
ADVERTISEMENT

Indonesia inks $1.1 bn deal with Russia to buy 11 jets

The contract, signed by both countries' representatives in Jakarta on Wednesday, is worth a total $1.14 billion, Indonesia defence ministry spokesman Totok Sugiharto said.

"Two units of Sukhoi jets will be delivered in August 2018," he told AFP.

Another six jets would be delivered 18 months after the contract comes into effect, and the final three a further five months later, he said.

The deal comes after Indonesia said in August that it would seek to trade palm oil, coffee and tea for Russian fighter jets, saying it wanted to capitalise on international sanctions on Moscow.

ADVERTISEMENT

The EU and US have targeted Russia with sanctions for alleged meddling in the US presidential election and its annexation of Crimea.

However, Indonesia's trade minister said the sanctions could be good news for his country as Russia is forced to seek new markets to import from.

Indonesia and Russia signed a memorandum of understanding to exchange 11 Russian-made Sukhoi fighters for key commodities in Moscow early August.

It was not announced Saturday in what form payment would be made.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: news@pulselive.co.ke

Recommended articles

DCI bust 3 Kenyans cocaine valued at Sh27.5 million & several air tickets

DCI bust 3 Kenyans cocaine valued at Sh27.5 million & several air tickets

Ruto jets back, clarifies cost of U.S. trip as Gachagua breathes fire on his allies

Ruto jets back, clarifies cost of U.S. trip as Gachagua breathes fire on his allies

Ruto assigns CDF Kahariri more roles in latest appointments

Ruto assigns CDF Kahariri more roles in latest appointments

The late mountaineer Cheruiyot Kirui honoured with 'Cheruiyot Point' on Mt Everest

The late mountaineer Cheruiyot Kirui honoured with 'Cheruiyot Point' on Mt Everest

How 5 governors reacted after meeting U.S. Vice President, Kamala Harris

How 5 governors reacted after meeting U.S. Vice President, Kamala Harris

5 dead, scores injured in Nakuru-Eldoret highway accident

5 dead, scores injured in Nakuru-Eldoret highway accident

Diaspora PS Roseline Njogu honoured as honorary Georgia citizen

Diaspora PS Roseline Njogu honoured as honorary Georgia citizen

Ruto reveals timeline for deployment of police officers to Haiti

Ruto reveals timeline for deployment of police officers to Haiti

Sh980 million scholarships awarded to 22 vulnerable 2023 KCSE top students

Sh980 million scholarships awarded to 22 vulnerable 2023 KCSE top students

ADVERTISEMENT