Indonesia and Flankers

VEB increased the sovereign risk limit for Indonesia to 16.3 billion rubles in the network of a contract for delivery of Su-30MK2 fighters.

Due to fall in exchange rate of ruble, Russia has to make changes in its export contracts in the area of military-technical cooperation. Vnesheconombank (VEB) increased the sovereign risk limit for Indonesia to 16.3 billion rubles (+2.3 billion) in the network of a contract for delivery of Su-30MK2 heavy fighters signed in 2011, Kommersant reports.

Continue reading