UAE, Italy announce upgrading to strategic partnership

The United Arab Emirates and the Italian Republic have announced the upgrading of their relations to the level of a strategic partnership.
This came during a meeting held today by President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Italian Prime Minister Giorga Meloni at Al Shati Palace.
During the meeting, the two sides also announced a "draft declaration of intent" on strengthening cooperation within the framework of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28) and climate action, in addition to a memorandum of understanding for cooperation on energy transition projects and sustainability initiatives between ADNOC and the Italian energy group Eni. and accelerate low-carbon economic and industrial growth.
Areas of cooperation include reducing carbon emissions, with a focus on carbon capture, utilization and storage technologies and promoting energy efficiency, joint investment in green hydrogen, and renewable and clean energy.
The following is the text of the Declaration on the Upgrading of Relations to a Strategic Partnership:
The Government of the United Arab Emirates and the Government of the Republic of Italy, based on the strong, cordial and extended relationship between the two countries, and taking into account the common objectives and mutual interests of both governments, On the occasion of the first visit of Her Excellency Mrs. Giorgia Meloni, Prime Minister of the Republic of Italy, to the UAE, during which she met with President His Highness Sheikh Mohamed bin Zayed Al Nahyan. The Prime Minister discussed and exchanged views on the latest international developments and explored ways to increase cooperation in the fields of political, economic, humanitarian, cultural, climate and energy transformation between the two countries, while affirming the commitment of the two governments to strengthen bilateral relations between the UAE and Italy on the basis of trust, understanding and mutual respect for the benefit and prosperity of the two peoples; Pursuant to all agreements and memoranda of understanding concluded between the United Arab Emirates and Italy, and aware of the progress currently made in the field of multidimensional and multidimensional cooperation, The two sides agreed to promote the upgrading of bilateral relations between the two countries as an embodiment of their common and strong determination to cooperate at all levels.
The UAE and Italy share common goals, including sustainable development and economic growth, enhanced cooperation with the international community, prosperity and stability, and the traditional values of peace, tolerance, human fraternity, coexistence, dialogue and openness.
This strategic partnership will enable the UAE and Italy to focus their joint efforts towards expanding and deepening cooperation in areas of common strategic interest, including political, diplomatic, international, economic and trade cooperation, as well as cooperation in the field of direct investment and partnerships between sectors, including health care and sustainable development, food and water security, cooperation in the field of industry, advanced technology, defense and climate change, renewable energy and technologies. Clean, security, energy transition, education, culture, people-to-people exchanges, sports and other vital fields// .