The Indian Steel Association (ISA) and the ASEAN Iron and Steel Council (AISC) have signed a memorandum of understanding (MoU) for bilateral cooperation between the Indian and ASEAN steel industries. The MoU was signed on 21 May 2023 in Manila, Philippines.
The MoU aims to leverage the strengths, expertise, and resources of both organisations to unlock new avenues for growth, innovation, and sustainability in the steel industry. The delegation from India was led by Dilip Oommen, President of ISA and CEO of AMNS India. The Secretary-Generals of ISA and SEAISI and other senior officials of ISA, South East Asia Iron and Steel Institute (SEAISI) and AISC also attended the signing ceremony.
The MoU was signed by Dilip Oommen and Purwono Widodo, President of ASEAN Iron and Steel Council and President Director of PT Krakatau Steel.
The signing of the MoU is a significant step towards strengthening cooperation between the Indian and ASEAN steel industries. The MoU will enable the two regions to share knowledge and expertise, and to collaborate on research and development projects. It will also help to promote trade and investment between the two regions.
The MoU is a positive development for the global steel industry. It will help to ensure that the industry is able to meet the growing demand for steel in a sustainable way.
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