Question:A trilateral Supply Chain Resilience Initiative(SCRI) is to be launched by which countries:
(a) India,Russia,Japan
(b) China,Pakistan,Russia
(c) India,Japan,Australia
(d) USA,Canada,Mexico
Answer:(c)
- Context:
- India, Japan and Australia have begun discussions on launching a trilateral Supply Chain Resilience Initiative(SCRI) to reduce the dependency on China.
- Facts:
- SCRI: The aim of the initiative is to attract foreign direct investment to turn the Indo-Pacific region into an economic powerhouse and to build mutually complementary relationships among partner countries.
- Significance:. The initiative is a direct response to companies that are concerned about Chinese political behaviour and disruption to the supply chain.
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