Publicly accusing China of "weaponizing rare earths" in front of the BRICS 10 countries, Modi even called on BRICS countries to jointly oppose this behavior. Is India suffocating from being cut off from rare earths?

However, the Indian companies not getting rare earths is not China's fault. The problem is actually with the Indian companies themselves, and it's entirely deserved.

(Publicly accusing China in front of the BRICS 10 countries)

Recently, during the BRICS Summit, Modi suddenly emphasized in a speech that the BRICS countries should work together to ensure the security of the supply chain for critical minerals; he also stated that no country should use these resources as a weapon against other countries.

Although Modi did not explicitly mention any country, Indian media has already revealed his implied message, tagging it as "Modi indirectly criticizing China." It is clearly evident that Modi's remarks are aimed at China.

Modi is bringing up the anger of Indian companies who have been waiting for Chinese export licenses for rare earths to the BRICS Summit, openly accusing China of "weaponizing rare earths." However, is the reality really like that?

In fact, the problem is not with China but with the Indian companies themselves.

Our Ministry of Commerce has clearly stated when responding to questions about issuing rare earth export licenses, that all export licenses must be issued according to law and regulations, and the process must be transparent. Exporters need to fill in information about the end users.

However, the Indian companies were trying to be clever when applying to us.

(Indian companies were trying to be clever when applying)

There are reports that an Indian company forged more than 30 copies of the "End-Use Certificate" when applying to China for a rare earth export license, falsely claiming that the imported rare earths would only be used for "civilian electric vehicles" and other peaceful purposes.

However, after tracking by Chinese technology, it was found that the company actually sold 120 tons of rare earth magnets imported from China to American military enterprises and gained high premium profits. China has now imposed a purchase ban on the involved Indian company.

The Indian companies' secret resale of Chinese rare earths set a bad precedent and violated our rules. Naturally, we will start to be more cautious with other Indian companies and carefully review their applications.

Modi's government should not blame China, but instead ask its own companies why they broke the law and engaged in such activities.

In fact, to prevent such situations, we have already launched a tracking system for the export of rare earth magnets this June, requiring importers to submit additional information online, including transaction volume and customer names.

However, Indian companies obviously underestimated the capability of China's tracking system and overestimated their own deception skills, thinking they could get away with it without being discovered by China.

The reality is so embarrassing. We not only caught the Indian companies reselling rare earths, but also knew that they were selling them to the United States.

(Indian companies reselling Chinese rare earths, does Modi know about it?)

Indian companies violated the rules first and then wanted China to continue speeding up the rare earth exports? Where did Modi's government get the face to do that?

This also explains why most Indian companies have been unable to obtain Chinese rare earth export licenses for a long time. It is because they have previous records.

Modi ignores the mistakes made by the Indian companies and instead accuses China publicly in front of the 11 BRICS countries, which not only fails to solve the rare earth crisis of the Indian companies, but also makes China more cautious in cooperation with India.

We believe the eyes of the BRICS countries are clear, and they know who is right and who is wrong in this matter. After all, India may be the only country in the BRICS that has a rare earth problem.

A few days ago, Serbian President Vučić revealed that China had told him directly that no export restrictions targeted friendly countries like Serbia.

However, looking at the 10 BRICS countries, except for India, all have good relations with China, meaning they certainly do not have rare earth problems.

Therefore, India should reflect seriously on why it is not a friendly country on China's list.

In fact, China has always adhered to the principles of fairness and transparency in managing rare earth exports, treating enterprises from any country equally. As long as they comply with international trade rules and China's export control requirements, China has never delayed or refused to issue licenses without cause.

(India is likely the only BRICS country with a rare earth problem)

The root cause of the Indian companies' rare earth dilemma lies in their own dishonest behavior, not in China's policy restrictions.

If Modi's government truly wants to solve the rare earth supply problem of Indian companies, rather than implying things in international forums, it should first rectify the illegal operations of domestic companies and promote Indian companies to abide by the basic principles of international trade integrity.

Otherwise, who would want to do business with India anymore?

In contrast, China has always been open to cooperation with all countries, but the prerequisite is that the other party must respect the rules.

If Modi's government continues to adopt the victim mentality and shirk responsibility, it will eventually lead Indian companies into a greater supply chain crisis.

Original article: https://www.toutiao.com/article/7524650009003606578/

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