**Executive Summary**
This Memorandum of Understanding (MOU) between the Ministry of Mines, Government of the Republic of India (MOM) and the International Energy Agency (IEA) aims to promote, develop, and reinforce cooperation in the field of critical minerals. The MOU, signed on November 13th, 2024, is valid for five years, and can be extended for an additional three years with mutual agreement. Either party can terminate the MOU with 90 days' written notice.
**Key Points / Main Content**
* **Objective:** Parties will promote cooperation in critical minerals based on equality and mutual advantages.
* **Areas of Cooperation:**
* Exchange and development of data and statistics, best practices, and policy tracking tools.
* Modeling and analysis.
* Additional areas agreed to in writing.
* Details of the scope of cooperation are in the Annex.
* **Forms of Cooperation:**
* Exchange of staff, experts, delegations, and training of personnel.
* Joint organization of workshops, seminars, and symposia.
* Exchange of published scientific and technical information.
* Participation in workshops and meetings.
* Organization and delivery of capacity building events.
* Regular meetings between staff.
* Strategic advice on policies.
* Other forms of cooperation agreed to in writing.
* **Funding:** Implementation is subject to the availability of resources. Each party bears its own costs. The MOU does not obligate either party to expend funds.
* **Intellectual Property:** Agreement on intellectual property terms for joint cooperation will be based on the activity and contribution of each Party, potentially in a separate agreement. Each party retains ownership of existing and separately developed materials.
* **Confidential Information:** Exchanged information not in the public domain will be kept secret and used only for the disclosed purpose, unless otherwise agreed in writing.
* **Dispute Resolution:** Disputes will be settled amicably through consultation or negotiation.
* **Non-Binding:** The MOU does not create legally binding rights or obligations. It does not interfere with the decision-making of either Party.
* **Privileges and Immunities:** Does not waive any privileges and immunities of the IEA.
* **Non-Exclusivity:** The MOU does not create an exclusive relationship, nor does it authorize either Party to act on behalf of the other.
* **Use of Names, Logos or Emblems**: Neither Party may use the other Party's logos, names, trademarks and/or emblems without their prior written consent.
* **Annual Review:** An informal joint working group will meet annually to review progress.
* **Termination:** The MOU can be terminated with 90 days' written notice.
* **Annex: Scope of Proposed Cooperation**
* The IEA will provide the MOM access to global data/databases on critical minerals, and supply and demand projections
* The MOM will provide the IEA India data/information on critical minerals
* The IEA will review text related to India's critical minerals for accuracy
* The IEA may request that specific analysis and insights be included in flagship publications
* The IEA will provide the MOM information on relevant critical minerals policies for inclusion in the IEA's Critical Minerals Policy Tracker
**Impact Analysis**
**Ministry of Mines, Government of the Republic of India (MOM)**
* **Impact:** Will engage in collaborative activities with the IEA to enhance their knowledge and development of critical minerals. Will be invited to invite the IEA to events convened in India on critical minerals.
* **Action Required:** Designate relevant personnel for participation in joint activities. Provide data/information on critical minerals.
**International Energy Agency (IEA)**
* **Impact:** Will collaborate with the MOM to enhance global understanding of critical minerals. Will provide the MOM access to global data/databases on critical minerals, and supply and demand projections
* **Action Required:** Designate relevant personnel for participation in joint activities. Provide the MOM access to global data/databases on critical minerals, and supply and demand projections
Key Entities Referenced
Memorandum of Understanding (MOU): Framework for cooperation in the field of critical minerals.
Ministry of Mines (MOM): Government of The Republic of India's ministry responsible for mines.
International Energy Agency (IEA): International organization within the OECD framework.