Current Affairs PDF Sales

5th Joint Working Group on Coal held virtually between India and Indonesia

AffairsCloud YouTube Channel - Click Here

5th Joint Working Group on Coal held virtually between India and IndonesiaOn November 5, 2020, India successfully hosted the 5th Joint Working Group (JWG) on Coal between India and Indonesia via Video conference from New Delhi due to Pandemic.

Chair of JWG:

The JWG was co-chaired from Indian side by Vinod Kumar Tiwari, Additional Secretary, Ministry of Coal, Government of India and by Jonson Pakpahan, Director for Mineral and Coal, Non Tax State Revenue of Ministry of Energy and Mineral Resources, Republic of Indonesia.

Key Points:

i.Tiwari provided an overview of the coal sector in India and highlighted India’s initiatives for self-sufficiency in coal under Atma Nirbhar Bharat.

ii.He also presented imperatives for businesses in the coal sector in both the countries.

iii.Ministry of Coal, India made Presentations on Indian Coal Policy reforms, Coking Coal Exploration and Commercial Mining.

iv.Indonesian side on Coal Policy made presentations on Current Coal Business updates, Deep Seated Coal Potential in Indonesia.

v.The technical issues were presented by Central Mine Planning and Design Institute Limited (CMPDI) and MCRDC Indonesia, expertise was offered to each other and open house discussions were held.

Business-to-Business Session:

i.A B2B (Business-to-Business) session coordinated by Confederation of Indian Industries (CII) was conducted for frank discussions and sought resolution of issues by Governments of Indonesia and India.

ii.Both delegations highlighted Emerging business opportunities in both countries.

iii.It was discussed to carry forward the discussions beyond the confines of the forum.

Recent Related News:

i.On 29th August, 2020, India co-sponsored UNSC resolution for Greater Participation of women in peacekeeping forces. The bill was tabled by Indonesia and seconded by India.

About Indonesia:
President – Joko Widodo
Capital – Jakarta
Currency – Indonesian Rupiah (Rp) (IDR)