- The United States and Peru have signed an agreement to enhance cooperation in the sector of critical minerals.
- The memorandum, signed in Lima.
- It aims to boost governance, investment, and global supply chain security for critical mineral resources.
U.S. and Peru strengthen ties for Critical Mineral Cooperation
The United States and Peru inked a memorandum of understanding on August 29, to bolster collaboration on critical minerals, as stated by the U.S. State Department.
Aims to enhance governance
The agreement outlines plans to enhance governance, attract investments, and secure global supply chains in the critical mineral resources sector, the department added.
Direction for further collaboration
The Memorandum sets the direction for further collaboration in critical mineral resource sector governance, investment, and global supply chain security. By signing this Memorandum, the United States and Peru advance our common interest in diversifying and securing global critical minerals supply chains.