DUBAI, twentieth July, 2023 (WAM) — Emirates Global Aluminium (EGA) and ITOCHU Corporation of Japan have signed a Memorandum of Understanding (MoU) to cooperate on aluminium manufacturing progress, decarbonisation, and the event of UAE industries in EGA’s provide chain.
The settlement was signed on the Japan-UAE Business Forum in Abu Dhabi, witnessed by H.H. Sheikh Hamed bin Zayed Al Nahyan and Japan’s Prime Minister Fumio Kishida.
EGA’s relationship with ITOCHU stretches again to the Nineteen Eighties, with the Japanese firm advertising and marketing EGA’s metallic to clients in Japan and Japanese firms’ operations overseas.
The new settlement builds on an MoU signed late final yr in Tokyo to leverage each firms’ industrial capabilities in alternatives that complement EGA’s present operations within the UAE.
Abdulnasser bin Kalban, Chief Executive Officer of EGA, stated, “EGA and ITOCHU have worked together for decades, and our partnership has been an important part of the trade relationship between the UAE and Japan. We look forward to expanding this partnership further, to the benefit of our companies and both nations.”
Keita Ishii, President and Chief Operating Officer of ITOCHU Corporation, stated, “The commercial relationship between ITOCHU and the UAE is amongst the most significant our two nations share. Our goal now is to deepen our work together to help meet the growing demand for aluminium over the decades ahead.”