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Need to further strengthen India-Greece economic relations: Prime Minister of Greece

Feb 22, 2024

MUMBAI, 22 February 2024: HE Mr Kyriakos Mitsotakis, Hon’ble Prime Minister of Greece today while addressing the ‘India-Greece Business Forum’, organized by FICCI and Enterprise Greece, said that ‘India-Greece Business Forum’ is testimony to the fact that we have significant potential to further strengthen the business ties between our two countries. “We have great people to people, connections, we have a vibrant Indian community in Greece, and we want to foster these connections much further,” he emphasized.

The Prime Minister added that Greece is geographically located and is the natural entry point for Indian companies to enter the European market. After Brexit, Indian companies will be looking for a new European anchor to access the European market. He also stated that we expect to make concrete announcements very soon regarding the signing of the mobility migration agreement, enabling more Indian labor to come to Greece in an organized manner.

Highlighting the areas of potential, Prime Minister Mr Mitsotakis said that there are various sectors with huge potential which include defence, drones (sea drones particularly), agriculture, ICT, tourism & hospitality and film industry.

He stated that India is a powerhouse for technological development, and Greece, emerging over the past decade, has a very dynamic tech sector, primarily fuelled by Start-up companies that have been doing incredibly well. “I can see interesting natural synergies emerging in the technology space,” added Prime Minister Mr Mitsotakis.

HE Mr Konstantinos Fragkogiannis, Deputy Minister of Foreign Affairs for Economic Diplomacy and Openness of Greece stated that to further strengthen our economic relations, we should capitalize on the unique advantages of India and Greece.  

He further added that both nations have specific areas of interests, primarily in diversifying sources, routes, and supplies, as well as developing regional interconnections to improve energy security. Bilateral engagements with India with a focus on sectors like artificial intelligence, culture, science and technology, tourism and energy are the top priority of the government, stated Mr Fragkogiannis

Mr Anant Goenka, Vice President, FICCI presented a Green Certificate to HE Mr Kyriakos Mitsotakis, Hon’ble Prime Minister of Greece. 

Mr Dinesh Joshi, Co-Chair, FICCI Maharashtra State Council said FICCI collaborates with its key stakeholders to facilitate active engagement and dialogue with decision-makers, supporting measures that benefit commerce and industry.

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