Q. India recently joined which US-led initiative to secure supply chains for critical minerals?
Answer:
Minerals Security Finance Network
Notes: India has joined the US-led Minerals Security Finance Network. The initiative is part of the Minerals Security Partnership (MSP) to secure critical mineral supply chains. It promotes cooperation, information exchange, and co-financing among Indo-Pacific and European institutions. The network has 13 member countries and the European Commission, including the US, Australia, Canada, and others. For India, this helps diversify and secure critical minerals from countries like Argentina, Chile, Australia, select African nations, and Kazakhstan. This move strengthens India’s access to vital resources for its growing industries.