Strategic Alliance: India's Role in Critical Minerals and AI

Strategic Alliance: India's Role in Critical Minerals and AI.webp

New Delhi, February 20 India joined a US-led strategic alliance – 'Pax Silica' – on Friday, aimed at building a resilient supply chain for critical minerals and artificial intelligence.

India signed an agreement to join the coalition at a ceremony at the AI Impact Summit here.

The signing ceremony was attended by Union Minister Ashwini Vaishnaw and US envoy to India Sergio Gor, among others.

Gor said that Pax Silica is a coalition of capabilities.

"Pax Silica is a declaration that the future belongs to those who build, and when free people join forces," said US Under Secretary of State for Economic Affairs Jacob Helberg.

The move comes amid efforts by the two sides to finalize the proposed trade deal and move forward on several other initiatives to solidify bilateral ties after a period of severe strain in relations.

The Pax Silica initiative was launched in December last year to build a secure, resilient, and innovation-driven supply chain for critical minerals and artificial intelligence (AI).

The Pax Silica Summit was held in Washington on December 12 last year, where partner nations signed the Pax Silica declaration.

The declaration lays out a shared vision of deep economic and technology cooperation across supply chains – from raw materials through semiconductors and AI infrastructure – and a commitment to mutual prosperity and security.

The member nations of Pax Silica included Australia, Greece, Israel, Japan, Qatar, the Republic of Korea, Singapore, the United Arab Emirates, and the United Kingdom.

Gor announced an invitation to New Delhi to join the strategic alliance last month.

One of the key pillars of Pax Silica was to establish a durable economic order to drive AI-powered prosperity across partner nations.

"We recognize that a reliable supply chain is indispensable to our mutual economic security," according to the Pax Silica declaration.

"We also recognize that artificial intelligence (AI) represents a transformative force for our long-term prosperity, and that trustworthy systems are essential to safeguarding our mutual security and prosperity," it said.

"We believe that economic value and growth will flow through and across all levels of the global AI supply chain, driving historic opportunity and demand for energy, critical minerals, manufacturing, technological hardware, infrastructure, and new markets not yet invented," it said.
 
Tags Tags
artificial intelligence australia critical minerals economic cooperation greece india israel japan pax silica qatar republic of korea singapore strategic alliance supply chain technology cooperation trade deal united arab emirates united kingdom united states
Back
Top