India's Potential Entry into the 'Pax Silica' Alliance
India is poised to formally join the strategic alliance known as 'Pax Silica', a US-led initiative focused on establishing a resilient supply chain for critical minerals and artificial intelligence (AI).
Background and Objectives
- Launch and Purpose: The Pax Silica initiative was launched in December to foster a secure, resilient, and innovation-oriented supply chain for critical minerals and AI.
- Summit and Declaration: The Pax Silica Summit took place in Washington on December 12, where partner nations signed a declaration to promote deep economic and technology cooperation. This encompasses supply chains from raw materials to semiconductors and AI infrastructure.
Member Nations and Invitation
- Current Members: Australia, Greece, Israel, Japan, Qatar, Republic of Korea, Singapore, the United Arab Emirates, and the United Kingdom are part of the alliance.
- Invitation to India: US Ambassador to India, Sergio Gor, recently extended an invitation to New Delhi to join the alliance.
Key Goals and Pillars
- Economic Order and AI Prosperity: A primary aim is to establish a durable economic order that leverages AI for prosperity across partner nations.
- Supply Chain Security: Emphasized the importance of a reliable supply chain for economic security and the transformative potential of AI for long-term prosperity.
- Future Growth: Envisions economic value and growth across all levels of the global AI supply chain, highlighting opportunities in energy, critical minerals, manufacturing, and new markets yet to emerge.
