India, Brazil sign rare earths deal to build ‘resilient supply chains’
GS2Polity · Governance · IR· India's bilateral relations· Prelims + Mains·
Why in news
India and Brazil signed an agreement to build resilient supply chains for critical minerals, including rare earths, to diversify sourcing and strengthen Global South alliances.
Background
The agreement signed by Indian PM Modi and Brazilian President Lula covers rare earths and other critical minerals. It also includes cooperation in renewable energy, health, and entrepreneurship.
Facts for Prelims
- FactIndia and Brazil signed a deal to build resilient supply chains for rare earths and critical minerals.
- FactThe bilateral agreement includes cooperation in renewable energy, health, and entrepreneurship.
For Mains
Q. Discuss the significance of South-South cooperation in securing critical mineral supply chains for India's technological and industrial ambitions.
Dimensions to cover in your answer
- Supply chain diversification: Reducing over-dependence on single-source dominant markets for rare earth elements.
- Global South leadership: Leveraging bilateral ties to shape emerging trade rules and mineral governance.
- Strategic autonomy: Securing raw materials essential for India's renewable energy and high-tech manufacturing sectors.
Keywords: Critical minerals · Supply chain resilience · South-South cooperation · Strategic autonomy · Rare earths
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