The MoU relates to a cooperation agreement to find ways to partner using particular technology and advantages each of the parties has.A series of deals inked between SA and Saudi Arabia aimed at achieving closer economic ties, including in areas of defence, is offering the desert kingdom help in jump-starting its military industry, say analysts, while state-owned Armscor looks set to benefit from boosting its role as a"prime contractor" in the global market.
During President Cyril Ramaphosa's recent state visit to Saudi Arabia, a Memorandum of Understanding was signed between the General Authority for Military Industries of Saudi Arabia and the Armaments Corporation of South Africa . According to the Presidency, it relates to"collaboration in military acquisition".
Armscor is the acquisition agency for the Department of Defence , and GAMI is its equivalent in Saudi Arabia. Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
Cartjoff _Business Explains the terrorist false alarms by US…🤔
Cartjoff _Business So we're going to be making weapons for Saudi Arabia. Mhm ok.
Cartjoff _Business Well done CR22💪💪💪
Cartjoff _Business WHY IS SOUTH AFRICA SUPPORTING GENOCIDE IN YEMEN? SAUDI ARABIA KILLS CIVILIANS IN YEMEN.