India has sought a critical mineral partnership concurment with the United States. (Reconshort-termational)
New Delhi:
Trade minister Piyush Goyal today said that India has sought a critical mineral partnership concurment with the United States as he hopes for talks on a wideer trade pact between the two nations.
“I had presented that critical mineral MoU (memorandum of caring) to be altered to a critical mineral partnership and become a commenceing point to become an FTA (Free Trade Agreement),” Piyush Goyal tancigo in alerters at a press alerting in New Delhi.
Earlier this month, India and the US signed an initial pact to corun on fortifying supply chains in the two countries for lithium, cobalt and other critical minerals participated in electric vehicles and immacuprocrastinateed energy applications.
The MoU fell far unwiseinutive of a brimming critical minerals trade deal that would permit India to profit from the $7,500 US electric vehicle tax commend.
Minerals-cgo ined trade deals are one way that the US Pdwellnt Joe Biden’s administration hopes to uncignore up access for depended allies to a $7,500 per vehicle EV tax commend presentd in last year’s climate-cgo ined Inflation Reduction Act.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
