India, US Ink Deal on Rare Earth Supply Chains
New Delhi, May 26 -- India and the United States signed a bilateral framework aimed at securing the supply, mining, and processing of critical minerals and rare earth elements.
External Affairs Minister Dr. S. Jaishankar announced the landmark agreement, highlighting its strategic importance in a highly contested global landscape following bilateral discussions and the Quad Foreign Ministers' meeting. He called the agreement both timely and essential at a moment of growing global competition over these strategic resources.
US Secretary of State Marco Rubio highlighted the importance of India for the United States and said that the signing of the agreement is a tangible example of it.
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