Union Commerce and Industry Minister Piyush Goyal and Greece’s Deputy Minister of Foreign Affairs, Harry Theoharis, recently held discussions to enhance bilateral cooperation in trade, investment, tourism, maritime connectivity, and other mutual interests. The virtual meeting aimed to strengthen the partnership between India and Greece across these key areas. Goyal expressed India’s commitment to advancing its collaboration with Greece, emphasizing the significance of their growing relationship.
In a meeting between Prime Minister Narendra Modi and Greek Prime Minister Kyriakos Mitsotakis in February, the leaders explored ways to boost connectivity, particularly through the India–Middle East–Europe Economic Corridor (IMEC). They also reviewed various aspects of the strategic partnership between India and Greece, focusing on trade, defense, security, tourism, culture, and cooperation in artificial intelligence and other emerging technologies. The early implementation of the India-EU Free Trade Agreement was highlighted as a crucial step that would bring substantial benefits to both economies.
The IMEEC project, consisting of the east corridor linking India to the Gulf and the northern corridor connecting the Gulf to Europe, aims to improve connectivity, enhance efficiency, reduce costs, strengthen regional supply chains, increase trade accessibility, and create employment opportunities. This initiative is expected to facilitate transformative integration among Asia, Europe, and the Middle East, fostering economic growth and cooperation among the regions.
