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GS PAPER II: Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests.
Context: In a move to counter China’s dominance of supply chain in the Indo-Pacific region, trade ministers of India, Japan and Australia formally launched the Supply Chain Resilience Initiative (SCRI) in a virtual trilateral ministerial meeting.
About Supply Chain Resilience Initiative:
(i) supporting the enhanced utilization of digital technology; and
(ii) supporting trade and investment diversification.
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