cover image: V.S. Seshadri - Volume II, Issue 9

V.S. Seshadri - Volume II, Issue 9

7 Oct 2024

DPG is deeply committed to the growth of India’s national power and purpose, the security and prosperity of the people of India and India’s contributions to the global public good. [...] Yet another development of note is the manner in which the Minerals Security Partnership Forum (MSPF) is evolving in terms of expanded membership, increase in the number of its projects to 32, and the formation of a new Minerals Security Financing Network that has participation by development finance and export credit agencies of member countries. [...] This issue also highlights elements of the report submitted by Mario Draghi, the former PM of Italy, to the President of the EU Commission on how to strengthen the EU’s competitiveness. [...] Under this new MSFN initiative, signatory nations acknowledged that the scope and scale of meeting the rapidly increasing global demand for critical minerals to achieve the proposed clean energy transition was “beyond the purview of any single institution” and that the public sector and private sector in member countries “would need to work together to deploy capital into new and existing markets. [...] The official read out of the meeting from the US Treasury’sside8 was very brief, conveying that the discussions began by the two sides exchanging views on policies that support balanced growth in the domestic and global economies.

Authors

Admin

Related Organizations

European Union
Pages
14
Published in
India

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