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A Tripartite Mou Was Signed Between Kfaed, Ifrc, And Krcs
The Kuwait Fund for Arabic Economic Development (KFAED) and the International Federation of Red Crescent and Red Cross Societies (IFRC) signed a memorandum of understanding (MoU) on Tuesday (KRCS).
KFAED Director-General Marwan Al-Ghanim told KUNA that the MoU is an important step toward establishing a cooperative cooperation framework that would strengthen the three parties' roles.
He also stated that this memorandum is in line with the three parties' aims and areas of mutual interest, as well as the exchange of practical experiences and collaboration.
KRCS Director-General Maha Al-Barjas, for her part, stated that the tripartite pact represents a culmination of the organization's efforts to deliver humanitarian assistance across the world.
The Memorandum of Understanding establishes a framework between the parties for a five-year term with the goal of boosting collaboration in areas of mutual interest and in the countries where the three companies operate.
This collaboration aims to promote collective action in initiatives aimed at improving sustainable lives, maintaining peace, and preventing catastrophes. It will also allow participants to engage in forums, seminars, and workshops hosted by the parties.
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