Brief by Shorts91 Newsdesk / 04:37am on 13 Jan 2026,Tuesday India Global
Union Minister Ashwini Vaishnaw attended the Critical Minerals Ministerial meeting hosted by US Treasury Secretary Scott Bessent in Washington, focusing on securing and diversifying global supply chains for critical minerals and rare earth elements. The meeting addressed growing vulnerabilities in strategic sectors as India's electronics manufacturing expands rapidly. Finance ministers from Australia, Canada, EU, France, Germany, Italy, Japan, Mexico, South Korea, and UK participated, discussing technology sharing, refining processes, and funding for new projects. Bessent emphasized "prudent derisking over decoupling" to remedy supply chain deficiencies. The US highlighted existing investments and planned steps to create resilient, secure supply chains, with participants showing strong commitment to address key weaknesses quickly.
