Steel Authority of India Limited, SAIL has signed a Memorandum of Understanding with Korea Export Insurance Corporation, KEIC in New Delhi.Under the MoU, both the companies will seek to establish the framework of co-operation in supporting and encouraging trade and investment in the field of industries where SAIL is involved.According to an official release, it also seeks to establish a strategic alliance in exchange of information and experience with respect to related industries and collaboration between the two parties.