Lithuania proposes pact with U.S. on critical minerals

Lithuania's Ministry of Foreign Affairs has put forward a proposal to empower Deputy Minister Taurimas Valys to sign a significant agreement with the United States. The accord focuses on cooperation concerning critical minerals and rare earth elements, encompassing their extraction, processing, and supply.

The government is reviewing a draft resolution that would grant Valys the authority to finalize the deal. This move signals Lithuania's strategic interest in bolstering its partnerships with the U.S. on resource security. The agreement also includes the "Pax Silica" declaration, indicating a broader scope of collaboration.

By pursuing this agreement, Lithuania aims to enhance its access to vital resources and strengthen its position within global supply chains. The initiative underscores the country's proactive approach to economic and technological development through international cooperation.