Reduce dependence on China. India, Japan, Australia may sign supply chain pact to counter.
India, Japan and Australia have reportedly begun talks to build a trilateral 'Supply Chain Resilience Initiative' (SCRI) to reduce dependence on China. The initiative is expected to be discussed further during the India-Japan summit next month, reports said. Notably, the three countries, along with the US, are members of the Quadrilateral Security Dialogue or Quad.