Strengthening the supply chain of critical minerals: new memorandum between the US and the EU

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In the next 30 days, the United States and the European Union will complete negotiations on signing a strategic memorandum aimed at protecting the global supply chain of critical minerals. This initiative reflects the growing concern of developed economies about the vulnerability of their supply chains amid modern geopolitical challenges.

Strengthening the Partnership of Three Powers

The agreement is part of a broader strategic alliance uniting the US, the European Union, and Japan. This trilateral partnership aims to create a resilient and diversified supply chain capable of withstanding potential disruption risks and international restrictions on access to critical resources.

The Critical Importance of Mineral Resources

Critically important minerals play a key role in the production of semiconductors, batteries, renewable energy sources, and high-tech equipment. Dependence of developed countries on unreliable sources of these materials poses a threat to their technological independence and economic security. That is why optimizing the supply chain has become a priority on the international agenda.

Geopolitical Dimension of the Agreement

According to Jin10 analysts, stabilizing the supply chain will protect the economic interests of Western partners from potential market monopolization of key resources and reduce dependence on single sources. The memorandum thus serves as an element of a broader strategy to strengthen economic autonomy and geopolitical stability of allies.

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