New Delhi, Feb. 20 -- Jacob Helberg, United States Under Secretary of State for Economic Growth, Energy, and the Environment on Friday hailed India joining the Pax Silica Declaration, noting that it underscores the importance of economic security translating into national security and stands in the face of coercion and blackmail undermining the prosperity of nations.

Speaking at the Pax Silica declaration, Helberg highlighted, "We watch as our friends and allies face daily threats of economic coercion and blackmail, forced to choose between their sovereignty and their prosperity. We find ourselves grappling with a global supply chain that is massively over-concentrated".

"So today, as we sign the Pax silica declaration, we say no to wea...