As part of the official visit of the Ukrainian delegation led by President of Ukraine Volodymyr Zelensky to the State of Qatar, State Concern “Ukroboronprom” and Barzan Holdings LLC have signed a Memorandum of Cooperation in the field of the defense industry. The executor of the projects will be SFTE "SpetsTechnoExport".
Thus, the signing of the Memorandum will promote the development of bilateral relations, strengthen cooperation in the defense and space technology sectors, and increase foreign direct investment.
About Barzan Holdings
Barzan Holdings QSTP-LLC is an investment arm of the Ministry of Defense of the State of Qatar responsible for the creation and development of a sustainable defense and security industry in the State of Qatar. It is the first defense and security governmental company authorized to form strategic partnerships with leading international companies in the defense field, where joint projects are divided into human and technological capital research, research and development, and strategic procurement consultations.
SpetsTechnoExport SFTE is a state self-supporting foreign trade enterprise, founded by the Government of Ukraine in 1998, whose main area of activity is export-import relations on the world market of military and dual-use products and services.