Saudi Crown Prince Mohammad bin Salman ended his tour of Oman, the UAE, Qatar, Bahrain, and Kuwait with a host of agreements and memoranda of understanding (MoUs) aimed at bolstering inter-Gulf cooperation.
In Kuwait, he met the Amir, Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah, in the presence of Crown Prince Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah.
The two crown princes are then said to have co-chaired official talks where they emphasized their determination to enhance bilateral cooperation and coordination in the security and military fields.
They agreed to boost all means of cooperation on international climate policies, implementing the Green Middle East Initiative launched by Prince Mohammad, according to the joint statement released at the end of the visit.
Both sides also agreed to electrical interconnection and commercial exchange of electrical energy.
They stressed their intent to bolster investment, and commercial and economic cooperation in the public and private sectors, and to carry out joint economic projects, official sources have said.
The two sides said to have agreed on enhancing bilateral cooperation to encourage direct investment in both countries in line with the activation of the memo signed between them, and on boosting investment exchange opportunities as well as unifying efforts to remove obstacles and provide chances to their investors.
They affirmed the significance of boosting collaboration in finance, sharing expertise, and getting the best practices to carry out economic reforms and diversify income sources.
They stressed strengthening cooperation in various fields like health, tourism, food security, and human development — mainly youth and women’s empowerment — in addition to digital transformation and cybersecurity.
They affirmed the contents of Al-Ula Statement issued on January 5, 2021, that calls for the full implementation of the vision of Saudi King Salman bin Abdulaziz approved by the GCC supreme council.