New Delhi: A new agreement between the United States and Norway aims to further strengthen the two countries’ strategic cooperation on the sustainable production of critical minerals, a White House press briefing stated.
The Joint Statement from the US and Norway on Cooperation on High-Standard, Market-Oriented Trade of Critical Minerals, signed by US Deputy National Security Advisor for International Economics Daleep Singh and Norwegian Minister of Trade and Industry Jan Christian Vestre, commits the two countries to deepen their partnership in the areas of sustainable, high-standard, market-oriented critical minerals mining and processing activities, and advancing high-standard labor and environmental conditions in global critical minerals supply chains.
To achieve these goals, the agreement builds on months of constructive dialogue and identifies appropriate responses to non-market policies and practices in third countries that have contributed to volatile, distorted market conditions. The cooperation aims to result in increased market viability for sustainable, high-standard, market-oriented critical minerals mining and processing activities in the US, Norway, and globally.