XXXV, No 15, 14/08/2017
Countertrade overtakes offset for military and commercial purchases as Indonesia deals with Russia and pressures Africa
Indonesia will purchase eleven Sukhoi 35 fighter jets from Russia under a financial arrangement that includes a significant amount of countertrade. The agreement is structured to promote additionality…. The government has also embarked on a co-ordinated approach to foreign governments to promote commercial bilateral countertrade agreements.