Quad foreign ministers express grave concern over economic coercion
Originally published by Business Standard
The Quad foreign ministers on Saturday expressed "grave concern" over "economic coercion" through arbitrary export restrictions and practices that disrupt global supply chains. In an apparent reference to China, the foreign ministers of India, the US, Australia and Japan expressed grave concerns regarding economic coercion, including arbitrary export restrictions, as well as non-market policies and practices that result in overcapacity, disrupting global supply chains in critical industries. I
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