Latest Pax Silica Summit News & Updates

Seoul, June 27 (IANS) Vice Foreign Minister Kim Jina attended the Pax Silica Summit in Washington this week where partner nations discussed cooperation in artificial intelligence and semiconductor supply chains, the foreign ministry said on Saturday.The Pax Silica Summit is a US-led strategic initiative and coalition of more than 20 partner nations dedicated to securing the global technology supply chain, reports Yonhap news agency.On the first day of the second summit, held from Thursday to Fri…

Washington, June 26 (IANS) India joined the United States and 34 other countries in backing a new declaration on artificial intelligence as Washington expanded its Pax Silica partnership, a flagship initiative aimed at building trusted technology supply chains among like-minded economies. A Joint Statement on AI Opportunity, unveiled at the 2026 Pax Silica Summit hosted by the U.S. State Department, commits participating countries to a pro-growth, pro-innovation approach to artificial intelligen…

Washington, Feb 4 (IANS) External Affairs Minister Dr S. Jaishankar on Wednesday said that India supports structured international cooperation to reduce risks in critical mineral supply chains, as the United States urged allies to work towards a coordinated trading framework.Addressing the Critical Minerals Ministerial in Washington, EAM Jaishamkar flagged the risks created by excessive concentration in global supply chains. He stressed the need to de-risk those chains through coordinated and st…

Washington, Feb 4 (IANS) US Vice President J D Vance on Tuesday urged US allies and partners to act collectively to fix what he described as a broken global market for critical minerals, warning that brittle and highly concentrated supply chains threaten economic growth and national security.Opening the Critical Minerals Ministerial, Vance said modern economies continued to depend on “real things,” stressing that critical minerals were as essential as oil and gas for economic activity, advan…