India in touch with China on lifting curbs on rare earth items
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NEW DELHI: With China announcing export controls on rare-earth related items, India on Thursday said it has raised the issue with Beijing, seeking more predictability in supply chains in line with global practices.
"The Chinese ministry of commerce and general administration of customs, in early April, announced their decision to implement export controls on certain rare-earth related items," said the MEA spokesperson. "We remain in touch with the Chinese side, in Beijing as well as in Delhi, to bring predictability in supply chain for trade consistent with international practices," he added.
Asked about cooperation with India on rare-earth materials, the Chinese foreign ministry said Beijing is willing to enhance dialogue and cooperation with relevant countries and regions to jointly keep the stability of global industrial and supply chains.
Commerce minister
Piyush Goyal
described China's rare earth export restrictions as a global "wake-up call" on Monday, emphasising that India is actively building alternative supply chains while positioning itself as a trusted partner for international businesses seeking to reduce their dependence on Chinese suppliers.
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