P a c N e t 20 P A C I F I C F OR U M · H ON OLU LU , H I A pr i l 1 , 20 24

The The US government needs to expand its critical future of the United States’ independence from mineral treaties bilaterally and through pre-existing Chinese critical minerals lies in friendshoring, or the multinational frameworks. [...] To solve this, Congress can renew the Trade Promotion Authority that expired in 2021, granting In particular, the US government needs to finalize the president the ability to negotiate free trade CMAs with Indonesia and the EU. [...] While frameworks, like the G7, the Quadrilateral Security benefiting the US, these agreements will also aid in Dialogue, and IPEF to establish supply chain the development of other countries' extraction and resilience and safeguard a Free and Open Indo-Pacific. [...] The existing mineral negotiations within international forums, the US can alleviate its own and these groups lack tangible commitments from the allies’ mineral supply dependencies from the PRC, involved countries, such as the introduction of tax which threaten the stability of a Free and Open Indo- credits or subsidies, lowering of quotas, joint ventures, Pacific. [...] A limited-objective CMA that qualifies for the EV tax PacNet commentaries and responses represent the credit for all countries in the frameworks can spark views of the respective authors.