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BHARAT NEETI

Be Ahead With Economy And Policy Updates

India Attends Critical Minerals Ministerial Meeting, US Expects Nations to Choose ‘Prudent Derisking’ Over Decoupling

Critical Minerals Ministerial Meeting
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Greater Noida: Indian Union Minister Ashwini Vaishnaw on Tuesday participated in the Critical Minerals Ministerial Meeting hosted by Treasury Secretary of The United States.

Ashwini Vaishnaw informed on X, “Strengthening critical mineral supply chains is vital to enhancing the resilience of India’s manufacturing capabilities and rapidly growing electronics sector.”

Treasury Secretary Scott Bessent said, “I was pleased to hear a strong, shared desire to quickly address key vulnerabilities in critical minerals supply chains.I am optimistic that nations will pursue prudent derisking over decoupling and understand well the need for decisive action.”

The US said that they welcome collaboration to create diverse and resilient supply chains to counterbalance the influence of non-market practices in this sector.

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