Japan, UAE to build low-carbon iron supply chain
18/07/2023 06:04
TOKYO, July 18 (Reuters) - Japan's Itochu 8001.T said
on Tuesday it has teamed up with JFE Steel Corp, Emirates Steel
Arkan EMSTEEL.AD and Abu Dhabi Ports Group ADPORTS.AD for a
low-carbon iron supply chain, as Japan and the United Arab
Emirates are pursuing green goals.
The memorandum of understanding to build the supply chain
was signed during Japan Prime Minister Fumio Kishida's visit to
the UAE where the project area will be located, Itochu said.
The countries have agreed to cooperate on technology and
climate change during Kishida's trip, part of his broader visit
to the Gulf countries.
(Reporting by Katya Golubkova; Editing by Kim Coghill)
((ekaterina.golubkova@thomsonreuters.com;))
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