Current Affairs - International - Discussion

India is set to collaborate with Mongolia by signing a Memorandum of Understanding (MoU) to strengthen cooperation in geology and exploration. This partnership focuses on securing essential resources like copper and coking coal, which are crucial for power generation, construction, and steelmaking industries. Mongolia’s rich mineral deposits present India with an opportunity to diversify its supply chains, reduce reliance on traditional suppliers, and enhance resource security to support its industrial growth and sustainability.