5
BR US, Japan leaders ink rare earths deal ahead of Trump-Xi meet
TOKYO: US President both countries aim to reduce Baroque-style Akasaka Beijing has recently to speed up the "develop- chain security, it added in a US economy, part of the Rosneft and Lukoil - to push
Donald Trump and China's dominance of some Palace in Tokyo, beneath expanded export curbs. ment of diversified, liquid, statement. wider bilateral trade deal, the Kremlin to the negotia-
Japanese Prime Minister of the key electronic com- three chandeliers decorated Trump and Chinese and fair markets for critical While dominated by which could include power tion table to end the war in
Sanae Takaichi signed a ponents. from top to bottom with President Xi Jinping are set minerals and rare earths", China, the US and generation and liquefied nat- Ukraine.
framework agreement on The leaders signed the gold ornamentation, as to meet on Thursday on the and aim to provide financial Myanmar control 12 per- ural gas, among other areas,
Japan has stepped up US
Tuesday for securing the documents, which included aides applauded.
sidelines of the Asia-Pacific support to selected projects cent and 8 percent of global according to sources familiar LNG purchases in the last
supply of rare earths, as critical minerals, at the neo-
No direct mention was Economic Cooperation in within the next six months, rare earth extraction, with the talks.
few years as it tries to diver-
made publicly by the lead- South Korea to discuss a the White House said.
according to Eurasia Group,
Ahead of Trump's Asia sify away from its key sup-
ers about China, which deal that would pause steep- Both countries would and Malaysia and Vietnam trip, the US called on plier Australia and prepare
processes over 90 percent of er US tariffs and Chinese consider a mutually comple- cover another 4 percent and Russian energy buyers, for supply contract expira-
the world's rare earths, rare earths export controls. mentary stockpiling 1 percent of processing, including Japan, to cease tions from Russia's Sakhalin-
making it the source of each
Japan and the US would arrangement and cooperate respectively.
imports, and imposed sanc- 2 LNG project, which Mitsui
country's concern about its use economic policy tools with other international Japan has pledged a $550 tions on Moscow's two and Mitsubishi helped to
mineral supply chain.
and coordinated investment partners to ensure supply billion investment into the biggest oil exporters - launch in 2009.-Reuters
NEW DELHI: India's Hindustan Aeronautics customers.
state-owned aeronautics Limited (HAL) announced HAL said in a social
firm said on Tuesday it had the deal with United Aircraft media post that it would be signed a deal with a Russian Corporation to manufacture "the first instance wherein a aircraft manufacturer under civil passenger aircraft in complete passenger aircraft
US and European sanctions, India for the first time. will be produced in India".
a move likely to irk New
India's Defence Minister
Both HAL and Singh
Delhi's Western allies.
Rajnath Singh, in a post on called it a "game-changer X, hailed "a landmark step for short-haul connectivi-for the Indian civil aviation ty".
sector" that will create jobs The deal highlights and boost self-reliance. Delhi's continued defence
The United States and and energy t ies with some other Western partners Moscow, despite mounting have previously criticised scrutiny over its oil pur-India's policy towards chases from Russia.
Russia since its invasion of In August, US President
Ukraine in 2022, demanding Donald Trump raised tar-that Delhi comply with their iffs on Indian exports to 50
sanctions against Moscow. percent, with Washington
India in turn has said it accusing India of fuelling does not subscribe to unilat- Russia's war in Ukraine.
eral sanction measures. Trump recently claimed
According to the aircraft that Indian Prime Minister deal inked in Moscow, HAL Narendra Modi had agreed will partner with the to reduce Russian oil Russian United Aircraft imports as part of a poten-Corporation to produce SJ- tial trade agreement, but 100 twin-engine, narrow- there was no confirmation body planes for domestic from Delhi.-AFP
Tata's charity arm ousts key member Mistry from boardNEW DELHI: Tata charity arm, a year after the Group's charity arm Tata death of the family patriarch Trusts has voted to oust Ratan Tata, has raised fears businessman Mehli Mistry of a repeat of a bitter 2016 from its board, a person public spat with Tata Sons.
with direct knowledge of Mistry, a senior executive
the matter said, the latest at M Pallonji Group which instance of boardroom fric- has business interests in tion at the philanthropic unit logistics and shipping, was that controls a USD180 bil- one of the trustees on the
lion empire. executive committee of Tata
Tata Trusts own 66 per- Trusts, whose charity work cent in Tata Sons, which in includes healthcare, educa-turn oversees 30 firms with- tion and rural support.
in one of India's most sto- BOARD MAJORITY
ried business groups - VOTE AGAINST REAP-including companies such POINTMENT
as Air India, Tata Steel and A majority of board mem-Jaguar Land Rover. bers at Tata Trusts have
The Reuters Daily decided to vote against his Briefing newsletter pro- reappointment, said the per-vides all the news you need son with direct knowledge to start your day. Sign up who did not wish to be
here. named as the decision isn't
A boardroom battle at the public.-Reuters
Pre-Bid Meeting (Mandatory):6rh November, 2025 at 10:00 API
prepared acardan with the inst ucTions n the biddi
HEALTH & POPULATION DEPARTMEIJT