Greece has formally joined the Pax Silica initiative, a framework aimed at strengthening the security of semiconductor and critical minerals supply chains.The initiative, promoted by the United States, seeks to deepen cooperation among allies and partners in artificial intelligence, energy and the resilience of supply chains for semiconductors and critical minerals. In Washington, it is viewed as part of a broader effort to build secure supply chains for strategically important technologies and reduce Western economies’ dependence on China.
The declaration was signed on Tuesday at the U.S. State Department by Greece’s ambassador to Washington, Antonis Alexandridis, and U.S. Under Secretary of State for Economic Growth, Energy and the Environment Jacob Helberg.
Pax Silica is described as a U.S.-led initiative designed to create more secure and resilient supply chains in critical technology sectors. Its focus is on semiconductors and critical minerals, with the aim of reducing Western countries’ reliance on China.
The European Commission, Germany and Netherlands have also joined the initiative. Existing participants include Japan, South Korea, Singapore, Australia, Israel, United Kingdom, Qatar, United Arab Emirates, Sweden, Finland and India.
Greece’s accession follows the Economic Security Declaration signed with the United States last November during the P-TEC energy summit in Athens. That declaration subsequently served as the basis for the development of Pax…
