In a multipolar world, technology is power, Pg11

Key Highlights:

• ACITI partnership formed by India, Canada, and Australia at the G20 summit to boost collaboration in clean energy, resilient supply chains, and AI.
• The partnership addresses the shift towards techno-nationalism, driven by US-China technology war and COVID-19 supply chain disruptions.
• ACITI aims to create a secure supply chain for critical minerals, leveraging Australia and Canada's resources and India's manufacturing capabilities.
• The initiative focuses on dual-use technologies like semiconductors, quantum computing, and AI as key pillars of national security.

Detailed Insights:

• The era of globalization driven by economic efficiency is being replaced by a security-first logic, emphasizing resilient supply chains and reduced dependence on single-source geographies.
• ACITI reflects a move towards agile, issue-based minilateralism, similar to the Quad and the India-US iCET initiative, focusing on specific strategic collaborations.
• The partnership aims to establish a "friend-shoring" model, ensuring a secure supply chain for green energy and electronics by bypassing potentially hostile regions.
• Australia and Canada possess abundant mineral resources, while India offers a large manufacturing base and skilled workforce, creating a mutually beneficial ecosystem.
• ACITI recognizes technology as a primary source of power in a multipolar world, with dual-use technologies like AI and quantum computing at the forefront.

Key Concepts Involved:

• Techno-nationalism: A country's focus on developing and controlling technology to enhance its economic and security interests.
• Dual-use technologies: Technologies that can be used for both civilian and military purposes.
• Friend-shoring: Supply chain strategy of sourcing from countries that are political and economic allies.