Saudi Arabia and Kuwait have signed four new memoranda of understanding (MoUs) to enhance collaboration across key sectors, following the third meeting of the Saudi-Kuwaiti Coordination Council held in Riyadh on Monday.
The meeting was co-chaired by Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah and Kuwaiti Minister of Foreign Affairs Abdullah Ali Al-Yahya, who reaffirmed the strength of the long-standing fraternal relations between the two Gulf neighbours.
The session built on the outcomes of the council’s subcommittees over the past year and focused on expanding cooperation in areas of mutual interest.
At the conclusion of the meeting, four MoUs were signed to broaden collaboration in several strategic areas.
The first MoU, in the field of radio and television cooperation, was signed by Saudi Assistant Minister of Media Abdullah bin Ahmed Al-Maghlouth and Kuwaiti Ministry of Information Undersecretary Dr. Nasser Ahmed Muhaisen.
The second, in the field of economy and planning, was signed by Saudi Ministry of Economy and Planning Undersecretary for International Economic Affairs Eng. Rakan bin Waddah Tarabzoni and Kuwaiti Ministry of Oil Undersecretary Dr. Nimer Fahad Al-Malik Al-Sabah.
A third agreement, covering science, technology, and innovation, was signed by King Abdulaziz City for Science and Technology Deputy President Dr. Ziad bin Saleh Al-Raimi and Kuwaiti Ministry of Finance Undersecretary Aseel Sulaiman Al-Munifi.
The fourth MoU, on public-private partnership cooperation, was signed by National Centre for Privatisation CEO Eng. Muhannad bin Ahmed Basudan and Undersecretary Al-Munifi.
The meeting was attended by several senior officials from both sides.