US EditionTrump to host his first summit with Central Asian leaders
The US aims to reduce reliance on China by securing rare-earth mineral deals worth $1 billion and strengthening economic ties with five Central Asian nations.
- On Thursday, United States President Donald Trump will host Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan and Turkmenistan in Washington, focusing on rare-earth minerals as a top foreign policy goal.
- Facing competition from Russia and China, the US intensifies engagement as Russia held a second Central Asia summit in Tajikistan this year with other major powers visiting the region.
- Trade agreements already reached show the United States signed $12.4b in deals recently, including Kazakhstan’s $4.2bn Wabtec locomotive kit deal and Uzbekistan Airways’ aircraft sale creating more than 35,000 jobs.
- Rights groups and analysts warn Human Rights Watch urged the United States to `ensure human rights are a key part of the agenda` as participating governments stifle dissent, while analysts say the summit tests Washington's ability to maintain a regional 'footprint' amid China's advances.
- Despite resource potential, logistical and environmental hurdles persist, such as harsh terrain and pollution in Central Asia, a region almost as large as the EU with about 75 million people sandwiched between Russia, China, Iran and Afghanistan.
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67 Articles
The United States is looking for new ways to bypass Beijing in the crucial mineral market. China accounts for almost 70% of the world's rare earth extraction and controls about 90% of the global processing of these minerals.
Channel News Asia
Trump meets Central Asian leaders to boost critical mineral ties
United States President Donald Trump on Thursday (Nov 6) called critical minerals a key priority as he hosted the leaders of five Central Asian nations at the White House, emphasising his administration's efforts to expand and secure US supply chains through new global agreements.The meeting with leaders of K
Financial Post
BizTocTrump Seeks Rare Earths in Meeting With Central Asian Nations
(Bloomberg) — President Donald Trump said he would look to diversify critical minerals purchases during a meeting with five central Asian countries on Thursday, as the US seeks to address China’s dominance in rare earths critical to advanced technology manufacturing.
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