The Australian Industry Group has signed two Memoranda of Understanding (MoU) along with the Italian Industries Federation for Aerospace, Defence & Security (AIAD), the Australian Industry Defence Network (AIDN).
The MoU detail that Ai Group and AIAD will give each other notice of relevant notice of events and share information on legislation relevant to companies that are members of both organisations.
Both the MoU builds on existing MoU covering science and technology cooperation, defence materiel and defence industry. The MoU also provide the opportunity for greater industrial-research collaboration.
The signing comes as minister for defence, senator the Hon Marise Payne, met with the Italian minister for defence, Roberta Pinotti in Sydney yesterday to discuss Australia-Italy defence cooperation.
“Defence cooperation between Australia and Italy on issues of mutual concern enables us to respond more effectively to common global and regional security challenges,” Payne said.
Italian defence minister Pinotti is in Australia to meet with senior government ministers and defence officials to discuss Italy-Australia defence relations.
The ministers discussed regional security in the Asia Pacific, Europe and the Middle East.