Signing of MoUs and Letters of Intent to Encourage Direct Investment, Defense, and Military-Industrial Cooperation in Presence of PM and Italian Prime Minister

Kuwait City, October 23 (KUNA) -- In the presence of His Highness Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah, Prime Minister, and Her Excellency Giorgia Meloni, Prime Minister of the friendly Italian Republic, the State of Kuwait and the Italian Republic signed today two memoranda of understanding and a letter of intent in the fields of promoting direct investment, defense, and military-industrial cooperation.

The first memorandum of understanding pertains to cooperation in promoting direct investment between the Kuwait Direct Investment Promotion Authority (KDIPA) and the Italian Trade Agency. It was signed on behalf of the Government of the State of Kuwait by the Director General of KDIPA, Sheikh Dr. Meshal Jaber Al-Ahmad Al-Sabah, and on behalf of the Italian Trade Agency by its President, Matteo Zuppa.

The letter of intent between the Kuwait Ministry of Defense and Leonardo S.p.A. concerns the development of defense capabilities and industrial cooperation. It was signed on behalf of the Government of the State of Kuwait by the Undersecretary of the Ministry of Defense, Sheikh Dr. Abdullah Meshal Mubarak Al-Ahmad Al-Sabah, and on behalf of Leonardo by its Chief Executive Officer and Managing Director, Lorenzo Mariani.

The second memorandum of understanding relates to military cooperation in the fields of advice and training between the Kuwait National Guard and the Italian Carabinieri, which are part of the Italian Ministry of Defense. Initialled on behalf of the Kuwait National Guard by its Undersecretary, Major General Hamad Salem Al-Burjess, and on behalf of the Italian Carabinieri by the Ambassador of the Italian Republic to Kuwait, Lorenzo Morini. (End)