Tuesday, March 3, 2026
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Trump hosts Central Asian leaders as US eyes sources for rare earth metals

by Euro Times
November 7, 2025
in Business
Reading Time: 4 mins read
A A
0
Home Business
Share on FacebookShare on Twitter


President Donald Trump hosted leaders of 5 Central Asian nations on the White Home on Thursday as he intensifies his hunt for uncommon earth metals wanted for high-tech units, together with smartphones, electrical automobiles and fighter jets.

Trump and the officers from Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan held bilateral conferences within the Oval Workplace earlier than having a working dinner.

“These nations have been as soon as residence to the traditional Silk Street connecting East and West,” Trump mentioned, whereas noting that “sadly, earlier American presidents uncared for this area utterly.”

He added, “I perceive the significance of this area” however “lots of people don’t know that.”

The White Home visits adopted Trump managing at the least a brief thaw with Chinese language chief Xi Jinping on variations between the USA and China over the export of uncommon earth parts, a key level of friction of their commerce negotiations.

Dwell Occasions


Early final month, Beijing expanded export restrictions over important uncommon earth parts and magnets earlier than saying, after Trump-Xi talks in South Korea final week, that China would delay its new restrictions by one yr.Washington is now searching for new methods to avoid China on crucial minerals. China accounts for practically 70% of the world’s uncommon earth mining and controls roughly 90% of worldwide uncommon earths processing.Central Asia holds deep reserves of uncommon earth minerals and produces roughly half the world’s uranium, which is crucial to nuclear energy manufacturing. However the area badly wants funding to additional develop the assets.

Central Asia’s crucial mineral exports have lengthy tilted towards China and Russia. Kazakhstan, for instance, in 2023 despatched $3.07 billion in crucial minerals to China and $1.8 billion to Russia in contrast with $544 million to the U.S., in keeping with country-level commerce information compiled by the Observatory of Financial Complexity, a web-based information platform.

“In current weeks, my administration has strengthened American financial safety by forging agreements with allies and buddies the world over to broaden our crucial minerals provide chains,” Trump mentioned.

He requested every of the visiting presidents to provide remarks, and so they praised his efforts to advertise commerce of their area and peace all over the world.

Tajikistan President Emomali Rahmon mentioned his nation has “very wealthy, boundless” crucial mineral assets. However he additionally supplied a nod to being in a troublesome geopolitical neighborhood, located between Russia and China.

That makes partnering with the U.S. all of the extra necessary, Rahmon mentioned: “We’re very eager to proceed intently our cooperation on safety objects, which we’re so involved for.”

The White Home conferences got here after a bipartisan group of senators launched laws Wednesday to repeal Soviet-era commerce restrictions that some lawmakers say are holding again American funding within the Central Asian nations, which grew to become unbiased with the 1991 collapse of the Soviet Union.

“Right now, it’s not too late to deepen our cooperation and be sure that these nations can determine their very own destinies, as a unstable Russia and an more and more aggressive China pursue their very own nationwide pursuits across the globe on the value to their neighbors,” mentioned Republican Sen. Jim Risch of Idaho, chairman of the Senate Overseas Relations Committee and a sponsor of the laws. “The USA affords Central Asian nations the true alternative to work with a keen companion, whereas lifting up every others’ economies.”

The grouping of nations, known as the “C5+1,” has largely centered on regional safety, notably in gentle of the two-decade U.S. army presence after which withdrawal from neighboring Afghanistan, China’s remedy of ethnic Uyghur Muslims in Xinjiang and makes an attempt by Russia to reassert energy within the area.

Secretary of State Marco Rubio welcomed the Central Asian leaders on the State Division on Wednesday to mark the 10-year anniversary of the C5+1 and to plug the potential for increasing the nations financial ties to the U.S.

“We oftentimes spend a lot time centered on disaster and issues — and so they deserve consideration — that typically we don’t spend sufficient time centered on thrilling new alternatives,” Rubio mentioned. “And that’s what exists right here now: an thrilling new alternative during which the nationwide pursuits of our respective nations are aligned.”

Deputy Secretary of State Christopher Landau and the U.S. ambassador to India, Sergio Gor, who additionally serves as Trump’s particular envoy to South and Central Asia, not too long ago visited Kazakhstan and Uzbekistan to arrange for the summit.

Administration officers say deepening the U.S. relationship with the nations is a precedence, some extent they’ve made clear to the Central Asian officers.

The president’s “dedication to this area is that you’ve a direct line to the White Home, and that you’re going to get the eye that this space very a lot deserves,” Gor informed the Central Asian officers Wednesday.

Additionally Thursday, Kazakhstan’s president, Kassym-Jomart Tokayev, agreed that his Muslim-majority nation will be a part of the Trump-led Abraham Accords. Trump posted phrase of the settlement shortly earlier than Thursday’s dinner started.

The largely symbolic transfer is geared toward reviving an initiative that was the signature overseas coverage achievement of Trump’s first time period, when his administration cast diplomatic and industrial ties between Israel and the United Arab Emirates, Bahrain and Morocco.

Kazakhstan has had diplomatic relations with Israel since 1992.

With a fragile ceasefire holding in Gaza, Trump is hoping Saudi Arabia will quickly be a part of the accords, whereas the White Home has mentioned the identical of Indonesia, the world’s most populous Muslim nation.

Saudi Arabian and Indonesian officers have maintained that they can’t transfer ahead on normalizing relations with Israel till there’s a clear path for a Palestinian state.

Trump mentioned throughout the working dinner that he hoped to announce that extra nations would be a part of the expanded Abraham Accords, particularly with Iran shedding standing within the area.

“One of many causes is, we’re proper now in negotiations, or talks, with many nations that basically needed to come back in, however they couldn’t due to the standing of Iran — the place Iran had a risk of nuclear weapons, which they don’t have now,” Trump mentioned.

He additionally rejected the concept the Gaza ceasefire might not maintain.

“It’s not tentative,” Trump mentioned. “It’s very robust peace.”



Source link

Tags: AsianCentralEartheyeshostsleadersMetalsrareSourcesTrump
Previous Post

ICU Medical, Inc. 2025 Q3 – Results – Earnings Call Presentation (NASDAQ:ICUI) 2025-11-06

Next Post

The Price Afghan Women Pay for a Simple Word — Global Issues

Related Posts

Gaurs Group to invest Rs 100 crore to set up precast plant in Greater Noida

Gaurs Group to invest Rs 100 crore to set up precast plant in Greater Noida

by Euro Times
March 3, 2026
0

Realty agency Gaurs Group will make investments Rs 100 crore to arrange a precast manufacturing plant in Larger Noida as...

Israel continues striking Iran and Lebanon

Israel continues striking Iran and Lebanon

by Globes correspondent
March 3, 2026
0

Because the battle enters its fourth day, Israeli fighter jets proceed placing targets in Iran and Lebanon. The IDF...

Integrating GIFT City & Mumbai could position India as a regional finance powerhouse: Singapore Exchange President

Integrating GIFT City & Mumbai could position India as a regional finance powerhouse: Singapore Exchange President

by Euro Times
March 3, 2026
0

Michael Syn, President of SGX Group (Singapore Trade), sees a historic second unfolding in India’s monetary markets. With GIFT Metropolis...

S&P may cut Berkshire-owned PacifiCorp utility to junk because of wildfires

S&P may cut Berkshire-owned PacifiCorp utility to junk because of wildfires

by Euro Times
March 3, 2026
0

S&P International stated on Monday it might downgrade PacifiCorp, a utility owned by Berkshire Hathaway , to junk standing as...

Move Returned Inventory Out, Faster

Move Returned Inventory Out, Faster

by Editorial Team
March 2, 2026
0

Your warehouse wasn’t constructed to retailer returns. When 11-25% of your warehouse house sits occupied by returns and extra stock,...

Euphoria on Israel’s markets in response to Iran operation

Euphoria on Israel’s markets in response to Iran operation

by Globes correspondent
March 2, 2026
0

The Tel Aviv 35 Index is up over 3% to a brand new document and the shekel is appreciating strongly....

Next Post
The Price Afghan Women Pay for a Simple Word — Global Issues

The Price Afghan Women Pay for a Simple Word — Global Issues

Norsk Titanium AS (NORSF) Q3 2025 Earnings Call Transcript

Norsk Titanium AS (NORSF) Q3 2025 Earnings Call Transcript

Sources: Amazon Publisher Services, which helps websites run ad auctions, is exploring offering technology to help other apps and sites sell ads in AI chatbots (Catherine Perloff/The Information)

Sources: Amazon Publisher Services, which helps websites run ad auctions, is exploring offering technology to help other apps and sites sell ads in AI chatbots (Catherine Perloff/The Information)

March 3, 2026
Banks seek clarity on study loans for GIFT City campus

Banks seek clarity on study loans for GIFT City campus

March 3, 2026
10 Big Oil Dividend Stocks For Rising Oil Prices

10 Big Oil Dividend Stocks For Rising Oil Prices

March 3, 2026
US father found guilty of murder in Apalachee school shooting in Georgia | Courts News

US father found guilty of murder in Apalachee school shooting in Georgia | Courts News

March 3, 2026
Reeves insists she has right plan despite economic growth forecast cut

Reeves insists she has right plan despite economic growth forecast cut

March 3, 2026
The momentum trades of 2026 are breaking with gold, silver and South Korea down big

The momentum trades of 2026 are breaking with gold, silver and South Korea down big

March 3, 2026
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

Sources: Amazon Publisher Services, which helps websites run ad auctions, is exploring offering technology to help other apps and sites sell ads in AI chatbots (Catherine Perloff/The Information)

Banks seek clarity on study loans for GIFT City campus

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In