Bloomberg: US to Hold Meeting with EU to Strengthen Critical Mineral Supply Chains and Reduce Dependence on China
Bloomberg reported on the 15th, citing sources, that the US will convene foreign ministers from multiple allies in early February, aiming to reach an agreement to cooperate in building a complete supply chain for critical minerals and reduce dependence on China.
According to informed sources, the meeting is scheduled to be held on February 4th and is expected to be chaired by US Secretary of State Rubio, focusing on strengthening the supply chain for critical minerals and promoting diversification.
Since China imposed large-scale export restrictions on rare earths last year, the US has made reducing its reliance on China a top priority. European diplomats noted that US officials are determined to accelerate the establishment of a critical mineral supply chain independent of China.
To this end, the US has been pressuring some EU member states to sign bilateral memoranda of understanding. According to informed sources, the European Commission responded by calling on member states to unite and present a united front.
However, the negotiations have not gone smoothly so far. Some countries are confused about who exactly is in charge of critical mineral policy within the US government, as Rubio, US Treasury Secretary Bensinger, and Trade Representative Grier have all participated in related discussions.
US government officials had originally planned to complete negotiations with European countries by January 22nd, but according to informed sources, this is unlikely to be achieved.
Original source: toutiao.com/article/1854530855633225/
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