Announcement
22 Aug 2017
On 22 August 2017, the Indonesia Ministry of Trade announced the procurement of Russian jets SU-35. Given the 2012 law on the defence industry (cf. Related state acts), this requires Russia to fulfil an 85% local content requirement or trigger an offset through the import of other Indonesian products.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
1 in force
Implementation date
22 Aug 2017
Revocation date:
No revocation date
Trade finance
In force
Given law no. 16/2012, the Russian party agreed on 22 August 2017 to purchase Indonesian products worth 570 million USD, in order to "offset" the missing 50% of a local content requirement in the sale...
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