Rome, October 23, 2024 – Saudi Arabia's Minister of Defense, Prince Khalid bin Salman bin Abdulaziz, convened with top executives from major Italian industrial companies during a significant meeting in Rome today. This engagement marks a pivotal moment in Prince Khalid's ongoing official visit to Italy, aimed at strengthening bilateral relations between the Kingdom of Saudi Arabia and Italy.
The discussions centered around fostering collaborations in critical areas such as defense industries, advanced research and development, and cutting-edge technology transfer. These sectors are considered crucial to the broader objectives of Saudi Arabia's Vision 2030, an ambitious strategic framework aimed at diversifying the Kingdom's economy and reducing its reliance on oil revenues. By promoting innovation and technological integration, the Kingdom seeks to position itself as a global leader in various high-tech industries, including defense.
In addition to Prince Khalid and the Italian industrial leaders, senior officials from both Saudi Arabia and Italy attended the meeting, underlining the importance of high-level cooperation between the two nations. This strategic dialogue paves the way for future partnerships that could significantly enhance the defense and industrial capabilities of both countries, while also contributing to regional and global security.