Indonesia Will Barter Coffee, Tea And Palm Oil For Russian Fighter Jets

Tyler Durden's picture

On Monday Russia warned that it would begin aggressively reducing its dependence on the US Dollar and US-based payment systems, and shortly after it confirmed just that when Indonesia announced that it will barter coffee, palm oil, tea and various other commodities in exchange for 11 Russian-made Su-35 fighter jets, calling U.S. and European sanctions against Russia "an opportunity to boost the Southeast Asian nation's trade."

The Indonesian Ministry of Trade said that a memorandum of understanding for the barter was signed Aug. 4 in Moscow between Russia's Rostec and PT. Perusahaan Perdagangan Indonesia, both state-owned companies. “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.

The trade minister also said that in exchange for the Su-35 jets, Indonesia would provide coffee, tea, palm oil and defense equipment. No value for the barter was announced according to Bloomberg, which added that Indonesia already operates 16 Sukhoi jets, making its first purchase in 2003 while the country was subject to a U.S. embargo on arms sales due to the military's human rights abuses.

In what may be the first of many such barter deals, the Russian state-run corporation Rostec said it is committed to implement the terms of a counter trade program. At the same time, the Russian corporation reserves the option to choose which goods it receives in trade from Indonesia as well as the right to pick trade partners and producers for cooperation under the agreement.

“The deal allows expanding supplies of Indonesian goods that are the most easily-suited for the Russian market. The range of products will be discussed by members of a specially created advisory group,” the company’s press release reads.

Jakarta is trying to promote its palm oil products amid decreasing demand in Europe. Indonesia is the world’s number one producer of the commodity, which is widely used in cooking, cosmetics and biofuel.

As Bloomberg adds, trade between Russia and Indonesia, the largest economy in Southeast Asia, has tumbled since 2012, but Lukita said the wide-ranging European Union and U.S. financial and trade sanctions against Russia are an opportunity for Indonesia to revive trade through barter deals in other industries.

"This is an opportunity that should not be lost from our grasp," he said.

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hedgeless_horseman's picture

 

In similiar news, American citizens will trade real freedom for perceived security.

a Smudge by any other name's picture

I'd trade that for a sports car let alone an SU-35.

hedgeless_horseman's picture

 

You can have my coffee when you pry it from my warm-shaky hands.

knukles's picture

Why'd you ask if Indonesia has oil and gold?

jeff montanye's picture

the zionists have given us poor advice from start to finish.  closer to the finish than the start is putting sanctions on russia so that it, and its forced into the arms of ally china, not to mention iran, develop a reserve currency and a payment system independent of the dollar and the u.s. such that the free goods and services we have been getting go away.  

someday i hope they are made to explain what their endgame was.

Stuck on Zero's picture

The first salvo has been fired in an insurrection against the deep state. May the force be with them.

Koba the Dread's picture

Zionists giving "us" advice? I certainly have never asked any advice of Zionists. Did you ask advice of Zionists? Why?

Okay, some other people took the advice of Zionists, such people as George Washington who always took the advice of his little rent-boy, Alex Hamilton, a proto-Zionist Jewish bastard from Nevis in the West Indies and son of Rachel Levine.  Washingon made his Secretary of the Treasury and put the treasury buiding right next to the White House (where it still resides).

SmittyinLA's picture

End game, loot and annihilate America for everything they have, same as any other venue

sleigher's picture

I'll gladly give you a hamburger on Tuesday for an SU-35 today.

 

 

The Cooler King's picture

Sukhoi Su-35s = can be shot down anywhere

Coffee/Tea/or a flick of my BIC only get shot down on commercial flights where the CIA/Mossad is running regime change operations.

veritas semper vinces's picture

And F 35(I think F comes from f..ked) does not need to be shot down because it falls down by itself or it doesn't get up there to be shot down.So many possibilities,so few shots

a Smudge by any other name's picture

If you've got a coffee, you didn't make that. Somebody else made that happen.

Raffie's picture

Down the road will trade 1 btc for Russian jet. 8-)

jimmy12345's picture

Russia is a crap, corrupt third world country and will the fossil fuel industry they will become even poorer.

arby63's picture

Don't be a silly troll. Politicians are the crap and corrupt. 

Beowulf55's picture

I take it that you don't get out of the country to often...

Koba the Dread's picture

They don't let Jimmy out of the asylum very often.

peddling-fiction's picture

Maybe his computer time at the asylum needs to be cut.

Off to the padded room for his afternoon tantrum.

lurker since 2012's picture

Is that you JOE?  How are you treating the kiddies. Getting any grouping mature FEELINGS too. Have a go in 2020.

Signed 'The Cunt'

arby63's picture

Now that should be a daily headline. I know we can make it "un-true"over time but it's a scary reality no?

Aerows's picture

tea plants live for centuries.  They are productive in leaves throughout their life spans.  Besides that, they have a nice smell and are pleasant to look at.

You will take my tea plant if you shoot me, can find it and then shoot me again.

Sector Catalyst's picture

Sounds like Mossad will be bringing down another SE Asian airline soon.

The Cooler King's picture

They'll run it through their Langley, VA subsidiary office.

ASACJon's picture

Bartering goods and bypassing SWIFT/Federal Reserve?  Sounds like Jakarta needs to get liberated.

Theta_Burn's picture

In the meantime...good for them and Russia.

Even though they are getting them for coffee and palm oil..why the hell does Jakarta need 11 state of the art MIGS for again? 

secretargentman's picture

Help keep the East Timorese under control?

SubjectivObject's picture

because Singapore has F-16's

BlindMonkey's picture

You mean, Singapore has targets. 

sinbad2's picture

Singapore isn't an enemy of Indonesia, and 50 year old F16's are really only a threat to people on the ground.

Indonesia is getting modern planes to keep the enemy at bay, the USA.

Crush the cube's picture

Why would they want to do that, when they're the Asian regions #1 recipient of your tax dollars?

https://explorer.usaid.gov/cd/IDN?implementing_agency_id=1

 

sinbad2's picture

USAID is a con job, really it's aid to American weapons manufacturers.

The aid is in the form of weapons, even Australia got USAID when the US supplied the RAAF with bombs to bomb Iraq for Uncle Sham.

jeff montanye's picture

why they need eleven state of the art fighter planes is a tough one, but given that, why they need migs is . . . u.s. sanctions:

The Indonesian air force wants to replace its outdated American built F-5 fighters with the brand new Russian Su-35 Super Flanker, but the country’s political leadership is unable to act quickly because the U.S. is pitching in with its F-16 and F-18 jets.

The Indonesians operate both American F-16s and Russian made Flankers – five Su-27s and 11 Su-30s. How Russian aircraft ended up in the air force of an American ally is interesting. “Indonesia’s turn toward Russian fighters stemmed partly from necessity,” explains Defense Industry Daily (DID).. Its 12 remaining F-16A/Bs and 16 remaining F-5E/F fighters experienced severe maintenance problems in the wake of a U.S. embargo.”

The embargo was imposed after Australia started meddling in Indonesia’s civil war in East Timor, and the U.S. accused Jakarta of human rights violations.

https://www.rbth.com/why_the_indonesian_air_force_wants_the_su-35_45943....

 

arby63's picture

The F-5 was one sweet looking jet though!

New_Meat's picture

and kicked the shit outta' F4 and F14z

Everyone knows this.

Koba the Dread's picture

Indonesia isn't an American ally; during the dictatorship years (post Sukarno) it was an American client state.

Aerows's picture

Indonesia is a Muslim controlled country.

PacOps's picture

 

"why the hell does Jakarta need 11 state of the art MIGS for again?"

 Indonesia already operates 16 Sukhoi jets, making its first purchase in 2003

Uh .. mmm 16 + 11 = 27

How about total uncontested control over the Malacca & Sunda Straits as well as the baddest MoFo at the southern end of the So. China Sea. 

sinbad2's picture

"why the hell does Jakarta need 11 state of the art MIGS for again?"

 

Because the US has a lot of planes and ships in the region.

The US increases arms to an area, to threaten the locals, so the locals start spending money on defense.

Socratic Dog's picture

Coz Australia is getting the F-35. <>

fulliautomatix's picture

There'll be some wistful looks from the pilots on this side of the creek. Indonesia got the cool jets, yo.

Akzed's picture

No one knows why they want eleven state of the art MIG's, but they want these Sukois for their air force.

Chhelo's picture

They will look good on the ramp and a few Indonesian Generals will have their retirement money for putting the deal togther. The pilots get all the Russian vodka they can drink.

 

Win/win for everybody.

New_Meat's picture

Yep, like an 8 plane Squadron with its support tail can do shit, yep.

Chupacabra-322's picture

@ ASA,

"Liberated" & "Democratized."

Here are some PsyOp trigger words to look out for from the Presstitute's when describing Indonesia:

"Regime" or "Terrorist Regime."

"Torturing their own people."

"State sponsor of Terrorism."

"ISIS supporter."

10mm's picture

Maybe Jakarta needs some of those SAM missiles. 

ZeroPoint's picture

A lot muslims in Indonesia...

sinbad2's picture

The US has already liberated Indonesia once, last time the US killed between 400,000 and 3 million Indonesians, to liberate Indonesia.

Funny how the US no longer brags about how many people it kills.

SantaClaws's picture

That's a lot of coffee, palm oil, tea and various other commodities, for just one jet.  Can the jets run on palm oil?

just the tip's picture

santa.  re-read.  that's eleven jets.

Stuck on Zero's picture

An just think, for all that they could have purchased the software upgrade package for an F-35.