What steps can India take to secure critical mineral assets in various countries according to the Mines Secretary
India is currently scouting for critical mineral assets in countries like Congo, Zambia, Tanzania, and Australia.
1. Strengthening diplomatic ties with these countries to facilitate negotiations and agreements for mineral exploration and extraction.
2. Bilateral investment treaties and agreements to secure mining rights and ensure protection of Indian interests in those countries.
3. Engaging in technology transfer and knowledge-sharing initiatives to ensure efficient and sustainable extraction of critical minerals.
4. Collaborating with international organizations and forums to access valuable information and support for mineral exploration initiatives.
5. Investing in capacity building and skill development of local workforce to ensure smooth operations and foster positive relationships with host countries.
Answered
2 months ago