WASHINGTON, January 13 (ANI): Assistant to the US President Michael Kratsios met Minister for Railways, Information and Broadcasting, Electronics and Information Technology Ashwini Vaishnaw in Washington, with the two leaders discussing the upcoming AI Impact Summit in India and assuring US participation in New Delhi next month.
In a post on X, Kratsios said he met Vaishnaw and Vinay Mohan Kwatra at the White House to discuss the AI Impact Summit and confirmed plans to attend the event in Delhi.
Vaishnaw also participated in the Critical Minerals Ministerial Meeting hosted by US Treasury Secretary Scott Bessent.
In a post on X, Vaishnaw said he participated in the meeting, emphasizing that strengthening critical mineral supply chains is vital to enhancing the resilience of India’s manufacturing capabilities and its rapidly growing electronics sector.
Bessent said participating countries shared a strong desire to address vulnerabilities in critical minerals supply chains.
“At today’s Finance Ministerial hosted by the US Treasury Department, I was pleased to hear a strong, shared desire to quickly address key vulnerabilities in critical minerals supply chains. I am optimistic that nations will pursue prudent derisking over decoupling and understand well the need for decisive action,” Bessent said.
According to a statement by the Treasury Department, Bessent convened a meeting of finance ministers to discuss solutions to secure and diversify supply chains for critical minerals, particularly rare earth elements.
Throughout the discussions, attendees expressed a shared determination to address key vulnerabilities in the supply chains. The United States highlighted actions and investments already undertaken, as well as planned steps, to create resilient, secure, and diversified critical minerals supply chains.
Bessent noted that these supply chains have become highly concentrated and vulnerable to disruption and manipulation. He urged participants to increase supply chain resilience and thanked them for their willingness to collaborate quickly toward decisive action and lasting solutions.
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