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U.S. and EU deepen cooperation on critical minerals with eye to broader agreement

The Japan Times·No Author·about 1 month ago
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European Union Trade Commissioner Maros Sefcovic and U.S. Secretary of State Marco Rubio shake hands after signing a memorandum of understanding for a strategic partnership on critical minerals at the State Department in Washington on Friday. | AFP-JIJI Washington – The U.S. and the European Union on Friday deepened their coordination on critical minerals as part of a broader push by Western allies to loosen China's grip on materials crucial to advanced manufacturing. U.S. Secretary of State Marco Rubio and European Union Trade Commissioner ​Maros Sefcovic signed a memorandum of understanding for a partnership on producing and securing critical minerals, with a specific ‌action plan ‌for trade announced separately. Rubio did not mention China in his remarks, but said the preliminary ​agreement with Brussels reflected growing awareness among Western allies of the importance of supply chains and critical minerals for their economic success.…

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