{"title":"Article: Critical Allies and Core Geopolitics in Minerals Trade: Devising a Strategy for India","authors":"A. Bhattacharya","doi":"10.54648/gtcj2024027","DOIUrl":null,"url":null,"abstract":"The shifting geopolitical landscape and the increased demand for critical minerals in the efforts towards green transition have underscored the need to build predictable and resilient mineral supply chains. With the fundamental idea of strengthening economic resilience and ensuring security of supply, countries are increasingly resorting to reshoring, friend-shoring and nearshoring policies in critical minerals trade. Against this backdrop, this article summarizes WTO rules governing international trade in critical minerals and examines emerging international legal trends shaping trade and supply chains in critical minerals. It offers recommendations for devising India’s strategy for critical minerals taking into account the security of supply, international trade rules and other commercial considerations.\ncritical minerals, supply chains, international trade, WTO, India","PeriodicalId":12728,"journal":{"name":"Global Trade and Customs Journal","volume":null,"pages":null},"PeriodicalIF":0.2000,"publicationDate":"2024-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Global Trade and Customs Journal","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.54648/gtcj2024027","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"INTERNATIONAL RELATIONS","Score":null,"Total":0}
引用次数: 0
Abstract
The shifting geopolitical landscape and the increased demand for critical minerals in the efforts towards green transition have underscored the need to build predictable and resilient mineral supply chains. With the fundamental idea of strengthening economic resilience and ensuring security of supply, countries are increasingly resorting to reshoring, friend-shoring and nearshoring policies in critical minerals trade. Against this backdrop, this article summarizes WTO rules governing international trade in critical minerals and examines emerging international legal trends shaping trade and supply chains in critical minerals. It offers recommendations for devising India’s strategy for critical minerals taking into account the security of supply, international trade rules and other commercial considerations.
critical minerals, supply chains, international trade, WTO, India