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India-Japan discussion steel decarbonisation and safety at bilateral

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India and Japan have held bilateral talks for cooperation in the steel sector and to address decarbonisation issues. A statement issued after Steel Minister, Jyotiraditya Scindia and Japan’s Minister of Economy, Trade and Industry, Nishimura Yasutoshi’s meeting, said both decided to support the cooperation between the public and private sectors of the two countries.

“Both the sides stressed on the importance of pursuing a policy approach that takes into account the circumstances of each country’s industry, with the underlying fundamental principle of pursuing both the economic growth and low carbon transition in the steel sector,” the statement said.

According to officials aware of the discussions, Japanese expertise in safety training for Indian steel plants was sought by Scindia. The Japanese sought India’s cooperation in steel decarbonisation.

An official statement said both sides affirmed the importance of cooperation for achieving their respective net zero goals while recognizing the heterogeneity of steel decarbonization pathways.

Further discussions under a ‘Steel Dialogue’ and other cooperation programs have also been planned for November 2023. There will be due focus on innovative technologies for increasing energy efficiency and decarbonization of steel production.

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