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New Delhi (EFE).- India and the United States will resume their trade negotiations tomorrow in an attempt to overcome the 2025 blockade, according to an announcement made this Monday by the new US ambassador, Sergio Gor, who also confirmed New Delhi's entry as a full member of the 'Pax Silica' strategic semiconductor alliance.
"Both sides are negotiating. In fact, the next call on trade will take place tomorrow," Gor declared after presenting his credentials to the President of India, Droupadi Murmu, officially assuming his diplomatic post.Read more: India and the US revive a mechanism to align their trade policies
The ambassador acknowledged that closing a Free Trade Agreement (FTA) will not be an "easy task", a goal that has marked the bilateral agenda since Donald Trump's return to the White House almost a year ago.Although in the first months of the term the agreement seemed imminent, the relationship cooled suddenly in August, when Washington imposed punitive tariffs of 50% on India as retaliation for its massive purchases of Russian oil.
Furthermore, Gor announced that India will join Pax Silica next February as a full member, an initiative promoted by the Trump Administration to protect the supply chains of semiconductors and critical minerals for artificial intelligence (AI). This alliance, launched in mid-December, seeks to reduce global dependence on China and already has the participation of Japan, South Korea, Australia, Singapore, the United Kingdom, and Israel. The European Union (EU) and Canada are participating, for the moment, only as observers. China currently extracts around 70% of the major rare earths, fundamental materials for semiconductors, batteries, and critical electronic components, which has given Beijing strategic influence over the global supply chain. The southwestern coast of India contains one of the world's richest concentrations of monazite, ilmenite, rutile, leucoxene, and zircon.
