India to utilize CEPA with UAE to increase steel exports to MENA-Pumao steel

India will utilize its lately ended Comprehensive Economic Collaboration Arrangement (CEPA) with the United Arab Emirates (UAE) for large-scale partnership with countries in the Gulf Teamwork Council (GCC) area to raise the footprint of the Indian steel industry in the Center East as well as North African area, India's priest of steel, Ram Chandra Prasad Singh, claimed on Tuesday, March 22.

The preacher said that the UAE's trade and framework facilities and entre-port centers were a base for strengthening Indian steel exports to the GCC and also North African countries.

Meanwhile, ArcelorMittal Nippon Steel Limited (AMNS) has actually already opened up a 'steel hypermart' in Dubai's Jebel Ali Free Area.

The hypermart will work as a system for steel retail and trade and also 'last mile sales' for a diverse array of steel items made use of in making like manufacture, engineering goods and vehicle elements.