“IT’S CRACKERS” AS INDONESIA’S OFFSET LAW IMPLEMENTED FOR THE FIRST TIME

Indonesian Trade Minister Enggartiasto Lukita has included crackers in the list of foodstuffs to be bartered for eleven Russian Sukhoi Su-35 fighter aircraft. Defence Minister Ryamizard Ryacudu has revealed details of the financial terms. Half of the contract’s value, about $570m, will be financed through a countertrade programme; a further 35...

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