Indian Trade Minister Piyush Goyal and Us Commerce Secretary Gina Raimondo Signed An Agreement on Thursday to Cooperate on Strenching Supply Chains in the TwoC Erarals used in Electric Vehicles and Clean Energy Applications.
The commerce department said in a statement that Memorandum of Undrstanding (MOU), Signed during Goyal’s Visit to washington, was aimed at building resilience in the sector for Each Country.
“Priority Areas of Focus Include Identify Equipment, Services, Policies and Best Practices to Facilitate The Mutually Beneficial Commercial Development of Us and Indian Critical Maintain Essing and refining, recording and recovery, “Commerce said.
Goyal, Speaking at a Center for Strategic and International Stodies in Washington after the Signing, Described the MOU as a Multi-Dimensional Partnership TH Development and Investment Flows to Promote green energy,
He said the US and India would also need to include third counts in their engine, include mineral-rain counts in Africa and south america.
The mou, which reuters first reported was in the works on Monday, Falls far short of a full critical menrarals trap that would have been allowed allow India to benefit from the $ 7,500 (Roghly RS. 6.29 Lakh) Us Electric Vehicle Tax credit.
Japan Last Year Signed A Deal With The Us Trade Reportive’s Office Port controls on Lithium, Nickel, Cobalt, Graphite, Manganese and Other menrarals.
© Thomson Reuters 2024
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