Italy Bahrain Sign $1.2B Strategic Partnership Enhancing Trade Defense Cooperation

Italy and Bahrain have signed a Memorandum of Understanding to create a Strategic Investments and Collaboration Partnership committing to investments exceeding EUR 1 billion ($1.2 billion). This partnership aims to strengthen economic relations, enhance trade and investment, and deepen cooperation across multiple sectors including defense, energy security, energy transition, construction, transport, tourism, and smart cities. Both nations emphasized their commitment to a robust defense partnership at military and industrial levels, with Italy expressing gratitude for Bahrain hosting the Italian Navy Contingent within the Combined Maritime Forces. The agreement also highlights collaboration on energy diversification, ecological transition, water management, and waste-to-energy initiatives involving both public and private sectors. Additionally, Italy and Bahrain jointly called for an end to the war in Gaza, the release of Israeli hostages held by Hamas, and support for humanitarian aid and a two-state solution to the Israeli-Palestinian conflict. The partnership reflects a mutual dedication to expanding cooperation grounded in shared goals and interests, aimed at fostering stronger diplomatic and economic ties.