PNG Minister for Mining Hon. Muguwa Dilu’s online participation in the recent launch of the Multilateral Minerals Security Partnership (MSP) Forum reflects PNG's eagerness to explore collaborative opportunities within the global mining community and potentially become a member of the Forum.
This inaugural event held on the 9th of April, in Leuven, Belgium has drawn attention from global stakeholders, including PNG, highlighting the country’s commitment to fostering international cooperation in the mining sector for sustainable development.
The MSP Forum is a multilateral cooperation platform within the framework of the Partnership, aimed at bringing together raw materials producing and consuming countries at various stages of development.
The Forum focuses on advancing and accelerating individual projects and promoting policies that contribute to resilient value chains and bring local value-addition.
Additionally, the Forum will be a platform for strengthened cooperation and policy dialogue with resource-producing countries. It will serve to support and accelerate mining projects and promote a policy dialogue to address the challenge of a secure, sustainable supply of critical raw materials for the green and digital transitions.
According to the MSP Forum, the policy dialogue will implement the objectives of the Critical Raw Material (CRM) Club proposed by European Commission President Ursula von der Leyen.
The idea is to create a dialogue between reliable partners to address the challenge of CRM supply and to assist resource-producing countries in their ambition to industrialize, building on those assets.
It was attended by 33 government representatives from prospective MSP members, including Minister Dilu, the US Ambassador to PNG Ann Marie Yastishock, and the EU Ambassador to PNG Jacques Fradin, who hosted them at the EU Delegation PNG office.
The MSP Forum, co-chaired by the European Union and the United States, signifies a collaborative effort to promote resilient value chains within the mineral sector.
With opening remarks from Mr. Valdis Dombrovskis, Executive Vice President of the European Commission, and Mr. Anthony Blinken, US Secretary of State, the event underscored the importance of international cooperation in shaping the future of mining practices.
Minister Dilu said the forum presents a unique platform for PNG to engage with international partners and contribute to sustainable mining practices in the country. The EU Delegation to PNG and the US Embassy in Port Moresby expressed readiness to assist PNG in becoming a member of the MSP Forum.