Indonesia may suffer US$8.3 billion of non oil and gas deficit with China in 11 months of 2013, but with India, Indonesia enjoyed trade surplus of US$8.37 billion. Indonesia’s non oil and gas export revenues from India even surpassed United States in November 2013, thanks to two main commodities: thermal coal and palm oi. It is in this context we need to monitor closely development of Indian investment in coal assets in Kalimantan and Sumatra.
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