NEW DELHI, Feb 19: India is likely to formally join a US-led strategic alliance, known as ‘Pax Silica’, which is aimed at building a resilient supply chain for critical minerals and artificial intelligence.
The move comes amid efforts by the two sides to finalise the proposed trade deal and move forward on several other initiatives to solidify the bilateral ties after a spell of severe strain in the relations.
India is likely to formally join the ‘Pax Silica’ initiative on Friday, people familiar with the matter said.
The initiative was launched in December to build a secure, resilient, and innovation-driven supply chain for critical minerals and artificial intelligence (AI).
The Pax Silica Summit was held in Washington on December 12 where partner nations signed the Pax Silica declaration.
The declaration lays out a shared vision of deep economic and technology cooperation across supply chains — from raw materials through semiconductors and AI infrastructure — and commitment to mutual prosperity and security.
The member nations of the Pax Silica include Australia, Greece, Israel, Japan, Qatar, Republic of Korea, Singapore, the UAE, and the UK.One of the key pillars of Pax Silica was to establish a durable economic order to drive AI-powered prosperity across partner nations. (PTI)
