China Poised for Talks with India on Rare Earth Export Restrictions

China has signaled a willingness to discuss its restrictions on the export of rare earth materials with India, emphasizing a desire to enhance dialogue and cooperation to stabilize global industrial supply chains.

The recent constraints have caused significant disruptions in the manufacturing sectors of automobiles and semiconductors in various countries, including India, prompting a call for stability and predictability in supply chains.

While China has initiated discussions with the US and the EU on the matter, India awaits a similar engagement, as officials continue diplomatic efforts to address the critical issue affecting vital industries.

(With inputs from agencies.)