UAE and Italy announce promoting relations to Strategic Partnership level

UAE and Italy announce promoting relations to Strategic Partnership level

ABU DHABI, 4th March, 2023 (WAM) – The United Arab Emirates and the Republic of Italy have announced the promotion of their relations to the level of Strategic Partnership.

The announcement came during a meeting held today between President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Italy's Prime Minister Giorgia Meloni at Al Shati Palace in Abu Dhabi.

During the meeting, the two sides announced a "Declaration of Intent" on enhancing cooperation within the United Nations Climate Change Conference of the Parties (COP28) and climate action, in addition to a Memorandum of Understanding (MoU) for cooperation on energy transition projects and sustainability initiatives between ADNOC and the Italian energy group Eni.

The MoU aims to strengthen cooperation in the field of emissions reduction, new energy technologies and low-carbon solutions.

It also contributes to enhancing the long-term strategic partnership between the two companies, boosting energy security and accelerating low-carbon economic and industrial growth.

Areas of cooperation include reducing carbon emissions, with a focus on carbon capture, utilisation and storage technologies, enhancing energy efficiency, joint investment in green hydrogen, and renewable and clean energy.

Below is the full text of the declaration of promoting relations to a strategic partnership:

“The governments of the United Arab Emirates and