Quad Foreign Ministers Target Economic Coercion, Unveil AI and Mineral Initiatives
· Source: deccanchronicle.com
In short
The Quad foreign ministers of India, the US, Japan and Australia met in Atlanta and jointly raised concerns over economic coercion, arbitrary export restrictions and non-market practices causing overcapacity that disrupt critical global supply chains. They committed over $85 million in technical and financial assistance to expand trusted AI access across the Indo-Pacific, backed a $10 million US contribution for critical minerals recycling in India and ASEAN, and agreed to map semiconductor and AI supply chain choke points. The ministers also announced the first-ever Quad Business Leaders' Forum and stressed the security of key maritime corridors such as the Strait of Hormuz and the Red Sea.
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Tags: supply-chain, critical-minerals, semiconductors, ai-policy, trade, recycling