India and UK Strengthen Maritime Security and Critical Minerals Cooperation
India, UK unveil new initiatives on maritime security, key minerals
Hindustan Times
Image: Hindustan Times
India and the UK have launched initiatives to enhance maritime security and critical minerals cooperation, including a memorandum of understanding for a Regional Maritime Security Centre and the India-UK Critical Minerals Global Supply Chain Observatory. These efforts aim to address non-traditional security threats and bolster supply chain resilience amidst global instability.
- 01A memorandum of understanding was signed to establish the Regional Maritime Security Centre of Excellence to address maritime security threats in the Indian Ocean.
- 02The India-UK Critical Minerals Global Supply Chain Observatory will be funded with £1.2 million and aims to enhance supply chain intelligence for critical minerals.
- 03The partnership is guided by the India-UK Vision 2035, focusing on economic growth, technology, defence, climate, and education.
- 04The observatory will be located at IIT-Dhanbad's Mining Innovation Hub and will help monitor global critical mineral supply chains.
- 05Cooperation reflects a shared commitment to economic security amid global instability, with both nations emphasizing the importance of resilient supply chains.
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India and the UK have launched new initiatives to bolster cooperation in maritime security and critical minerals. External Affairs Minister S. Jaishankar and UK counterpart Yvette Cooper announced a memorandum of understanding for a Regional Maritime Security Centre of Excellence, aimed at enhancing capacity against maritime threats in the Indian Ocean. Additionally, they introduced the India-UK Critical Minerals Global Supply Chain Observatory (GSCO), funded with £1.2 million, to improve supply chain resilience for critical minerals necessary for clean energy and advanced manufacturing. This initiative is part of the broader India-UK Vision 2035, which focuses on economic growth, technology, and security. The GSCO will be established at IIT-Dhanbad’s Mining Innovation Hub, allowing for better monitoring of global mineral supply chains. Both countries emphasized the importance of this cooperation in light of current global instability and the need for secure supply chains.
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The establishment of the GSCO will strengthen India's critical mineral supply chain capabilities, which are essential for clean energy transitions and advanced manufacturing.
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