On Thursday, Minister of Commerce and Industry Piyush Goyal and US Commerce Secretary Gina Raimondo held the sixth ministerial-level Commercial Dialogue, where they discussed progress in semiconductor supply chains, innovation partnerships, energy networks, and the Indo-Pacific Economic Framework for Prosperity, reported PTI. 

According to the report, a day earlier, the two ministers signed a new memorandum of understanding (MoU) to develop and diversify essential minerals supply chains. This agreement aims to harness both countries' strengths to improve resilience in the essential minerals sector.