The post South Korea signs Pax Silica declaration amid AI race with China appeared on BitcoinEthereumNews.com. South Korea, the United States, and other key partnersThe post South Korea signs Pax Silica declaration amid AI race with China appeared on BitcoinEthereumNews.com. South Korea, the United States, and other key partners

South Korea signs Pax Silica declaration amid AI race with China

2025/12/13 20:28

South Korea, the United States, and other key partners have agreed to adopt the “Pax Silica” declaration. The development will see the countries involved collaborate to build a trusted supply chain ecosystem for AI, critical minerals, and other areas.

The collaboration comes as the United States continues to seek an edge over China in the growing artificial intelligence sector.

According to reports, a total of seven countries are in the collective, including Australia, Japan, Britain, Singapore, and Israel. The declaration was signed under the initiative, led by the United States, to forge a coalition among US allies and partners when they attended the inaugural Pax Silica summit in Washington.

South Korea joins other partners to sign the Pax Silica declaration

Pax Silica was drawn from the Latin word, which means peace, stability, and long-term prosperity, while silica refers to the compound refined into silicon, a chemical element that is important in the making of computer chips that enable the creation of artificial intelligence, the statement from the State Department read.

The declaration also comes as President Donald Trump and his administration continue to make moves to solidify America’s lead in the AI industry.

The declaration ensures that supply chains are stable, a means by which critical minerals can be moved, countering China’s control over those strategically vital resources amid an intensifying rivalry between the two superpowers.

South Korea was represented by Second Vice Foreign Minister Kim Jina at the summit. Although the Netherlands and the United Arab Emirates participated in the summit, they did not join the declaration.

According to a release by South Korea’s Foreign Ministry, the declaration stressed that AI is a transformative force for countries’ long-term prosperity and that trustworthy systems are important to safeguard mutual security and prosperity.

It noted several areas of collaboration, including frontier foundation models, software applications and platforms, network infrastructure, minerals refining and processing, energy, transportation logistics, and information connectivity.

Pax Silica initiative to foster collaboration

The declaration also highlighted the importance of fair market practices and joint efforts against market distortions, though it refused to name-drop any country.

“We believe that true economic security requires reducing excessive dependencies and forging new connections with reliable partners and suppliers committed to fair market practices. […] We will endeavor to provide access to trusted partners to the full stack of technological advancements that are shaping the AI economy,” the declaration read.

It added that coordination is essential to protect private investment, noting that there is an important need to address non-market practices that undermine innovation and fair competition. This way, the market can be protected from overcapacity and unfair dumping practices to preserve a level playing field for innovation and growth.

In addition, it mentioned the need for cooperation on policy efforts to protect sensitive technologies and critical infrastructure.

The declaration also highlighted that South Korea and other countries involved would build trusted information networks, including information and communication technology systems, fiber-optic cables, and data centers.

During the summit, South Korea’s vice foreign minister drummed up the need for cooperation across the global AI supply chain, including energy, minerals, AI infrastructure, transportation, and other aspects.

She added that Korea is determined to help promote supply chain stability by using the strength of Korean companies in batteries, semiconductors, energy, and other fields.

The Pax Silica initiative comes amid the growing concerns over China’s control of critical minerals, including rare earth elements that are important in the manufacturing of military and electronic equipment.

The smartest crypto minds already read our newsletter. Want in? Join them.

Source: https://www.cryptopolitan.com/south-korea-signs-pax-silica-declaration/

Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen [email protected] ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse?

Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse?

Whales offload 200 million XRP leaving market uncertainty behind. XRP faces potential collapse as whales drive major price shifts. Is XRP’s future in danger after massive sell-off by whales? XRP’s price has been under intense pressure recently as whales reportedly offloaded a staggering 200 million XRP over the past two weeks. This massive sell-off has raised alarms across the cryptocurrency community, as many wonder if the market is on the brink of collapse or just undergoing a temporary correction. According to crypto analyst Ali (@ali_charts), this surge in whale activity correlates directly with the price fluctuations seen in the past few weeks. XRP experienced a sharp spike in late July and early August, but the price quickly reversed as whales began to sell their holdings in large quantities. The increased volume during this period highlights the intensity of the sell-off, leaving many traders to question the future of XRP’s value. Whales have offloaded around 200 million $XRP in the last two weeks! pic.twitter.com/MiSQPpDwZM — Ali (@ali_charts) September 17, 2025 Also Read: Shiba Inu’s Price Is at a Tipping Point: Will It Break or Crash Soon? Can XRP Recover or Is a Bigger Decline Ahead? As the market absorbs the effects of the whale offload, technical indicators suggest that XRP may be facing a period of consolidation. The Relative Strength Index (RSI), currently sitting at 53.05, signals a neutral market stance, indicating that XRP could move in either direction. This leaves traders uncertain whether the XRP will break above its current resistance levels or continue to fall as more whales sell off their holdings. Source: Tradingview Additionally, the Bollinger Bands, suggest that XRP is nearing the upper limits of its range. This often points to a potential slowdown or pullback in price, further raising concerns about the future direction of the XRP. With the price currently around $3.02, many are questioning whether XRP can regain its footing or if it will continue to decline. The Aftermath of Whale Activity: Is XRP’s Future in Danger? Despite the large sell-off, XRP is not yet showing signs of total collapse. However, the market remains fragile, and the price is likely to remain volatile in the coming days. With whales continuing to influence price movements, many investors are watching closely to see if this trend will reverse or intensify. The coming weeks will be critical for determining whether XRP can stabilize or face further declines. The combination of whale offloading and technical indicators suggest that XRP’s price is at a crossroads. Traders and investors alike are waiting for clear signals to determine if the XRP will bounce back or continue its downward trajectory. Also Read: Metaplanet’s Bold Move: $15M U.S. Subsidiary to Supercharge Bitcoin Strategy The post Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse? appeared first on 36Crypto.
Paylaş
Coinstats2025/09/17 23:42