Greece joins Pax Silica initiative on AI, semiconductors and critical minerals

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 Silica.

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The first Pax Silica summit is scheduled to be held in Washington on June 25-26, bringing together representatives from participating countries as well as companies active in artificial intelligence and advanced technologies.

Greek officials view participation in the initiative as a move that strengthens cooperation with the United States in areas linked to both economic and national security.

Against this backdrop, membership of Pax Silica allows Greece to take part in U.S.-led efforts to enhance supply-chain resilience at a time when semiconductors, critical minerals and digital infrastructure are assuming increasing geopolitical importance.

Athens also believes participation could improve the country’s access to critical minerals considered essential for the green and digital transitions. At the same time, the use of advanced and trusted U.S. technology, both hardware and software, is seen as helping strengthen the cyber security of Greek infrastructure.

Greece’s interest in the initiative is also linked to major technology investments and infrastructure projects, including PPC’s planned 300-megawatt data centre in Kozani, to be developed in partnership with a major U.S. technology company providing cloud infrastructure and services, as well as the Daedalus supercomputer in Lavrio, which will operate using equipment supplied by Nvidia.

Officials believe these projects could expand the country’s computing capacity for large-scale research programmes and help create conditions for further high-technology investments.