Categories: World

US discussing restructuring supply chains with India: Pompeo

With nations around the world battered by their dependence on China for vital supplies during the Covid-19 pandemic, US Secretary of State Mike Pompeo has said that Washington was discussing restructuring global supply chains with India and other Indo-Pacific "friends".

At a news conference in Washington on Wednesday, Pompeo said that conversations with leaders of India and the other Indo-Pacific countries involve "thinking about how we restructure these supply chains to prevent something like this from ever happening again".

"One example of our work together is with India. It's lifted export bans on critical medical supplies, including pharmaceuticals used to treat some Covid-19 patients," he said.

During the discussions with also Australia, Japan, Vietnam, South Korea and New Zealand, they shared "information and best practices as we begin to move the global economy forward" and "getting our economies back to full strength", he said.

India, like the US and other countries, has had to import medical supplies for meeting the Covid-19 pandemic that originated in China and spread around the world from there.

The US, in particular, has had to compete with other countries for the dwindling supplies of personal protection equipment (PPE) putting its healthcare workers at risk.

China, meanwhile, has been able to exercise influence through th stranglehold on the essential supplies, while profiting from the rising prices for them..

AddThis Website Tools
IN Bureau

Recent Posts

India-UK trade pact opens golden door for private sector growth, says ASSOCHAM chief

The India-UK Comprehensive Economic Trade Agreement (CETA) presents unprecedented opportunities for Indian businesses to expand…

2 hours ago

EAM Jaishankar discusses deepening bilateral cooperation with South Korean counterpart

External Affairs Minister Dr S Jaishankar spoke to the newly appointed Foreign Minister of South…

2 hours ago

ISRO-NASA Earth observation satellite to be launched on July 30

The Indian Space Research Organisation (ISRO) is gearing up for a series of exciting missions.…

3 hours ago

‘Supporting livelihoods!’: India UN Fund creates dam in Burkina Faso; empowers farmers, students

The India UN Fund has completed the construction of the historic Niangdo dam in Burkina…

3 hours ago

Taiwan slams political pressure at Tokyo choir event, says ‘Taiwan is Taiwan, China is China’

The Taiwan Economic and Cultural Representative Office in Japan has strongly condemned political interference during…

6 hours ago

Gati Shakti Vishwavidyalaya to expand into marine sector: Ashwini Vaishnaw

Gati Shakti Vishwavidyalaya in Vadodara, which has been largely focused on logistics in the railway,…

6 hours ago