This is a first-of-its-kind initiative for FTAs. The meeting was attended by the Commerce Secretary of India, Sunil Barthwal, and the Deputy Secretary of Foreign Affairs and Trade of Australia, George Mina.
The summit emphasised the need for a cluster-based approach to promote synergies in mineral extraction, refining, and end-use, especially for low-carbon technologies.
Trilateral dialogue comes as India attempts to position itself as a manufacturing hub of critical technologies such as semiconductors, where South Korea is a global leader.
Blocks up for auction contain critical minerals such as lithium, rare earth elements, and molybdenum, among others. They are located across 7 states and 1 Union territory.
From mobile phones to e-vehicles, all modern tech dependent on critical minerals. Bidding to likely be completed within a month. J&K's 5.9 mn tonne lithium reserve could be on auction list.
The upcoming policy, currently under deliberation, comprises strategic measures to fortify India’s supply chain for critical minerals, vital for technology and industry.
This was the 2nd time this year that the Australian Foreign Investment Review Board blocked a Chinese company from investing in the country's critical minerals sector.
The Southeast Asian theatre is central to the Great Power contest between the US and China. It’s also a landscape where middle powers—France, the UK, Turkey—are shaping the strategic environment.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
Capable of being fired in plain and high-altitude areas, it has day-and-night capability and two-way data link to support post-launch target, aim-point update.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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