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Jakarta Post

Around the world: RI hopes to secure renegotiated KFX deal

  • The Jakarta Post

Indonesia   /   Fri, March 8 2019   /  02:36 am

The government hopes that current talks to renegotiate an ongoing joint jet fighter development project with South Korea will be reached, the nation’s chief security minister said during an official visit to Seoul.Coordinating Political, Security and Legal Affairs Minister Wiranto met with South Korean Defense Minister Jeong Kyeong-doo for high-level talks on Wednesday, hoping to settle renegotiations for the development of the Korean Fighter Xperiment/Indonesia Fighter Xperiment (KFX/IFX), a project that would be funded by the state budgets of the two countries.South Korea had agreed to renegotiations during President Joko “Jokowi” Widodo visit to the country in 2018, but required them to be completed within a year.Indonesia had sought renegotiations because according to the previous provisions, Jakarta would have had to spend hundreds of trillions of rupiah on the project. Indone...