NEWS

Today, U.S. Deputy National Security Advisor for International Economics Daleep Singh and Norwegian Minister of Trade and Industry Jan Christian Vestre signaled their intent to move forward with a U.S.-Norway Memorandum of Understanding (MOU) Concerning Cooperation on High-Standard, Market-Oriented Trade of Critical Minerals. The MoU is an important step towards further strengthening the United States and Norway’s future strategic cooperation regarding critical minerals. Under this MOU, the United States and Norway intend to build on months of constructive dialogue through a coordinated approach to the challenges and opportunities that characterize markets for critical minerals. Key focus areas of this cooperation will include advancing high-standard labor and environmental conditions in global critical minerals supply chains and examining and identifying appropriate responses to non-market policies and practices in third countries that have contributed to volatile, distorted market conditions. With this MOU, the United States and Norway intend to deepen our partnership in pursuit of the long-term commercial viability of sustainable, high-standard, market-oriented critical minerals mining and processing activities in the United States, Norway, and globally.

Read statement here.