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India elected as Chairman of International Rubber Study Group (IRSG)
30 May 2013
India has retained the Chairmanship of the International Rubber Study Group (IRSG), an intergovernmental organisation of rubber producing and consuming countries based in Singapore. The decision was made unanimously in the meeting of the Heads of Delegations (HOD) of the Group held in Singapore on 21 May 2013. Head of the Indian delegation to IRSG, Ms. Sheela Thomas, Chairman of the Rubber Board, would officiate as the Chairman of IRSG representing India. India has been chairing the Group since 1 July 2011 and now will remain as the Chairman for two more years commencing from 1 July 2013.
The meeting was a part of the 46th Assembly of Nations of IRSG held from 20 to 24 May 2013. European Union (EU) was re-elected as the Vice-Chairman of the Group for the next two years. Members opined that India, being both a producer and a consumer of rubber, would be in a good position to protect the interests of both producers and consumers in IRSG.
IRSG is distinct among intergovernmental commodity organizations with respect to its composition and structure with a provision for active participation of the private sector. Inputs for formulating the work plan of the Group is primarily sourced from Industry Advisory Panel (IAP), a forum comprising mainly representatives from the private sector. The meeting elected Mr. J K Thomas, Managing Director of Malankara Plantations Ltd as Vice-Chairman of the Panel. The Chairman of the panel is Ms Fazilet Cinaralp, Secretary General, European Tire and Rubber Manufacturers’ Association (ETRMA), based in Brussels, Belgium.
IRSG is the only forum where natural rubber (NR) and synthetic rubber (SR) producers and consumers come together and discuss issues of common interest. It is also the only comprehensive source of rubber statistics in the world, and the only International Commodity Body approved by the Common Fund for Commodities for development financing in rubber sector.