Assistant to the US President, Michael Kratsios, met Ashwini Vaishnaw, India’s Minister for Railways, Information and Broadcasting, and Electronics and Information Technology. Their discussion focused on the upcoming AI Impact Summit scheduled to take place in India, with both sides confirming strong US participation in the event next month in Delhi. Kratsios shared details of the meeting on X, stating that he met Minister Vaishnaw and Vinay Mohan Kwatra at the White House to discuss the summit and expressed his anticipation of attending the event in Delhi next month.

In addition to this engagement, Minister Vaishnaw took part in the Critical Minerals Ministerial Meeting hosted by US Treasury Secretary Scott Bessent. Vaishnaw highlighted the importance of strengthening critical mineral supply chains to support India’s manufacturing growth and its rapidly expanding electronics sector.

Secretary Bessent noted that participating nations demonstrated a strong, shared commitment to addressing weaknesses in global mineral supply chains. He expressed confidence that countries would prioritize prudent risk reduction rather than full economic separation, emphasizing the urgency of taking decisive measures.

According to a statement from the US Treasury Department, the meeting of finance ministers focused on securing and diversifying supply chains for critical minerals, particularly rare earth elements. Throughout the discussions, attendees reaffirmed their determination to resolve vulnerabilities in these supply networks. The United States outlined both existing initiatives and planned investments aimed at building resilient, secure, and diversified mineral supply chains.

Secretary Bessent also pointed out that current mineral supply chains are highly concentrated and susceptible to disruption and manipulation. He urged participants to enhance supply chain resilience and thanked them for their willingness to collaborate swiftly toward lasting and effective solutions.