INSUBCONTINENT EXCLUSIVE:
Goyal is scheduled to be in the US this week to discuss ways to deepen overall bilateral trade ties
| Image: Shutterstock3 min read Last Updated : Sep 30 2024 | 4:49 PM IST
India and the United States are likely to sign an initial pact
for cooperation on critical minerals this week, two Indian government sources said, as the two countries try to bolster trade ties despite
US this week to discuss ways to deepen overall bilateral trade ties, according to one of the sources, weeks before the White House's
month, Indian Prime Minister Narendra Modi and President Joe Biden met in Delaware one-on-one as well as part of the Quad grouping which
understanding) which intends to enhance bilateral collaboration to increase and diversify essential critical mineral supply chains and
leverage their complementary strengths," the Indian trade ministry said on Sept
This deal would prohibit the imposition of tariffs by both countries and will be similar to a pact with Japan that grants Japanese
ensure adequate supplies of minerals needed to meet zero-carbon goals
Last year, Modi's government identified 30 minerals, including lithium and nickel, as critical for driving the adoption of clean
Under the Biden administration, the two nations mutually resolved all their disputes at the World Trade Organisation, a development India
called "historic".First Published: Sep 30 2024 | 3:30 PMIST