Union Minister Ashwini Vaishnav is on a tour of America. Here he is participating in different meetings. Vaishnav participated in the important Mineral Ministerial meeting organized by US Finance Minister Scott Besant. He himself gave information about the meeting.

Ashwini Vaishnav said that US Finance Minister Scott Besant organized a ministerial meeting focused on strengthening the supply chain of critical minerals. As we all know and especially in India when the manufacturing sector especially electronics manufacturing is growing rapidly then it is very important for all the countries including India to have a strong supply chain of critical minerals.

Discussion regarding funds for new projects
He said that in this meeting, participants from many countries discussed their experiences, steps being taken to strengthen the supply chain, so that high quality critical minerals, especially rare earth minerals, can be secured in a sustainable manner. In this meeting, participants from different countries discussed their experiences and talked about the steps being taken to strengthen the supply chain. Funds for new projects were also discussed in this meeting.

What did Ashwini Vaishnav tell?
Ashwini Vaishnav said that discussions were held between many countries regarding technology sharing. Apart from this, there was also an important discussion on recycling. There were discussions among many countries regarding sharing of research work and many agreements were also reached. He said that it was a very positive meeting, in which emphasis was laid on improving the quality and availability of critical minerals.

What did the Trump administration say?
The US administration says that dependence on mineral production by foreign powers poses a serious threat to America’s national and economic security. According to the International Energy Agency (IA), China is the leading refiner of most minerals, including copper, lithium, nickel, cobalt, graphite and rare earth elements, with an average market share of about 70 percent.

read this also

Now 75 percent tariff will be imposed on India? Trump imposed 25 percent tax on countries doing business with Iran