Monday, December 23, 2024
News

Minerals Security Partnership continues to expand with India: US

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Washington, DC | September 16, 2023 10:14:44 PM IST
The US State Department on Saturday said that the US ties with India have been elevated in terms of the Minerals Security Partnership (MSP) to combat climate change effectively and will continue collaboration to bolster supply chain and sustainable future, according to a US State Department official press release.

The US also affirmed that the country would continue to expand the Minerals security partnership with its 14 partners including India as clean energy and other technologies, are projected to grow significantly.

The official release said, The United States is committed to working closely with all our partner countries. Since MSPs inception last June, we welcomed Norway, Italy, and India, making 14 partners Australia, Canada, Finland, France, Germany, India, Italy, Japan, the Republic of Korea, Norway, Sweden, the UK, the United States, and the European Union (represented by the European Commission) that are collaborating to bolster supply chains to ensure a more sustainable future for us all.

Quoting the release, the statement added, Transparent, open, predictable, secure, and sustainable supply chains for critical minerals are vital to deploying these technologies at the speed and scale necessary to combat climate change effectively. MSP partners are key to making this happen. We share a commitment to high environmental, social, and governance (ESG) standards.

According to the US State Department, all the partner countries have given their support for a shared commitment to high ESG standards, as documented in the Statement on Principles for Responsible Critical Minerals Supply Chains."

The Minerals Security Partnership (MSP) strives to promote responsible growth across the critical minerals sector via a shared commitment to high environmental, social, and governance (ESG) standards; sustainability; and shared prosperity, according to a document released by the US State Department.

The MSP partner governments regard the further development of responsible and resilient supply chains to be critically important to an equitable and sustainable energy transition. These principles outline the shared commitment of the MSP partner governments to the full integration of ESG standards, guidance, and support into MSP activities. (ANI)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE WORLD NEWS
India's retired judges, bureaucrats call...
EU expresses concern over sentencing of ...
EAM Jaishankar to visit US from December...
Year Ender: What does Donald Trump's ret...
China warns US: Taiwan is 'first red lin...
World Uyghur Congress condemns Chinese s...
More...
 
INDIA WORLD ASIA
Maha Kumbh generates employment in Praya...
MP: Uttrakhand CM Dhami meets CM Mohan Y...
Residents feel the chill as temperatures...
Court grants bail to six accused in vand...
Andhra Pradesh: Gas leak at pharma plant...
Assam Police arrests 5348 people in driv...
More...    
 
 Top Stories
Pak: Protests in Gwadar continue fo... 
Praveg Limited Announces Strategic ... 
Filings UAE Mobile App Launched by ... 
Shreya Ghoshal Mesmerises Fans at H... 
150+ Business Setups: How Arnifi is... 
CISF unveils new posting policy for... 
"Govt-sponsored incident, will brin... 
Denzel Washington gets baptised at ...