Kuwait and Italy signed an agreement on Friday that includes the development of direct investments, defense, and military-industrial cooperation. The ceremony was attended by Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah, the Prime Minister of Kuwait, and Giorgia Meloni, the Prime Minister of Italy.
Development of Direct Investment
The first agreement, signed by Sheikh Dr. Mishal Jaber Al-Ahmad Al-Sabah, Director General of the Kuwait Direct Investment Promotion Authority (KDIPA), and Matteo Zuppas, President of the Italian Trade Agency, emphasizes cooperation in promoting direct investments between the two entities. This agreement is designed to strengthen economic and trade relations between the two countries.
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Defense and Military Cooperation
Additionally, the Ministry of Defense of Kuwait and Leonardo Italy signed a letter of intent to develop defense capabilities and industrial cooperation. This agreement was signed by Sheikh Dr. Abdullah Mishal Mubarak Abdullah Al-Ahmad Al-Sabah, Deputy Minister of Defense of Kuwait, and Lorenzo Mariani, CEO and General Manager of Leonardo. The aim of this agreement is to strengthen Kuwait's national security and defense through technology transfer and collaboration on joint projects.
Military Interactions
The second agreement also includes military cooperation in advisory services and training between the Kuwait National Guard and the Carabinieri of Italy, a gendarmerie force under the Italian Ministry of Defense. This agreement was signed by the Deputy of the Kuwait National Guard, Lieutenant General Hamad Salem Al-Barjas, and Lorenzo Moriani, the Italian Ambassador to Kuwait. These collaborations help enhance Kuwait's military and security capabilities and share experiences in various military fields.
These new agreements reflect the commitment of both countries to strengthen bilateral relations in economic and military fields, and it seems that these collaborations could lead to the expansion of investment opportunities and the development of defense technologies in Kuwait. Given Kuwait's strategic position and the importance of international cooperation in ensuring security, these agreements are seen as a positive step towards advancing Kuwait-Italy relations.
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