After India-US commerce deal, Principal Minerals Ministerial marks subsequent large push on world provide chains
The united states is assign to host the inaugural Principal Minerals Ministerial at the Reveal Division on Wednesday, convened by Marco Rubio, as delegations from over 50 countries earn to strengthen cooperation on securing and diversifying world primary mineral provide chains. External Affairs Minister S Jasishankar might perchance perchance assist the meeting within the US which is in a device to be preceeded by a one-on-one with Secretary Rubio on Tuesday.
Per the US Reveal Division, the three-day meeting will focal point on bolstering strategic provide traces for minerals needed to technological innovation, economic competitiveness and national security.
“This historic gathering will create momentum for collaboration to secure these critical components vital to technological innovation, economic strength and national security,” the department mentioned in a birth, adding that the ministerial objectives to enhance world coordination on resilient provide chains.
The ministerial comes amid intensified India-US engagement across commerce, vitality and strategic sectors.
In a parallel pattern, US President Donald Trump presented a commerce deal with India on Monday following months of tariff-related tensions, after Washington imposed 50 per cent obligations on Indian items in August 2025, with half of that linked to India’s vulgar oil purchases from Russia.
Confirming the settlement, PM Narendra Modi posted on X, “Wonderful to speak with my dear friend President Trump today. Delighted that Made in India products will now have a reduced tariff of 18%. Big thanks to President Trump on behalf of the 1.4 billion people of India for this wonderful announcement. When two large economies and the world’s largest democracies work together, it benefits our people and unlocks immense opportunities for mutually beneficial cooperation. President Trump’s leadership is vital for global peace, stability, and prosperity. India fully supports his efforts for peace. I look forward to working closely with him to take our partnership to unprecedented heights.”
Trump, in his Fact Social post, mentioned, “It was an Honor to speak with Prime Minister Modi, of India, this morning. He is one of my greatest friends and, a Powerful and Respected Leader of his Country. We spoke about many things, including Trade, and ending the War with Russia and Ukraine. He agreed to stop buying Russian Oil, and to buy much more from the United States and, potentially, Venezuela. This will help END THE WAR in Ukraine, which is taking place right now, with thousands of people dying each and every week!”
Detailing the settlement, Trump added, “Out of friendship and respect for Prime Minister Modi and, as per his request, effective immediately, we agreed to a Trade Deal between the United States and India, whereby the United States will charge a reduced Reciprocal Tariff, lowering it from 25% to 18%. They will likewise move forward to reduce their Tariffs and Non Tariff Barriers against the United States, to ZERO. The Prime Minister also committed to ‘BUY AMERICAN,’ at a much higher level, in addition to over $500 BILLION DOLLARS of U.S. Energy, Technology, Agricultural, Coal, and many other products. Our amazing relationship with India will be even stronger going forward. Prime Minister Modi and I are two people that GET THINGS DONE, something that cannot be said for most. Thank you for your attention to this matter!”
In distinction backdrop, External Affairs Minister S Jaishankar is visiting the US from February 2-4 to participate within the Principal Minerals Ministerial, where discussions will centre on provide chain resilience, dapper vitality transitions and strategic cooperation in primary minerals.
All the device thru the focus on to, Jaishankar is furthermore scheduled to deal with conferences with senior individuals of the US administration.
Sooner than the ministerial, the US Reveal Division had renowned that companions from across the globe can be introduced together to strengthen cooperation on primary mineral provide chains, describing such collaboration as major to The united states’s economic and national security, technological management and vitality transition.
Parallel efforts on securing mineral networks had been furthermore undertaken earlier this month when US Treasury Secretary Scott Bessent convened a Finance Ministerial in Washington to explore methods to strengthen and diversify primary mineral provide chains, in particular uncommon-earth aspects.
The meeting introduced together senior officials from Australia, Canada, the European Union, France, Germany, India, Italy, Japan, Mexico, South Korea and the UK, with India represented by Union Minister Ashwini Vaishnaw.
India-US engagement has furthermore continued on the defence entrance, with a US Congressional delegation led by Dwelling Armed Services and products Committee Chairman Mike Rogers, at the side of US Ambassador to India Sergio Gor, holding discussions with Defence Secretary Rajesh Kumar Singh on January 27.
The talks centered on deepening defence commerce collaboration and advancing bilateral protection drive ties, at the side of the nowadays concluded 10-twelve months Essential Defence Partnership Framework Agreement.
