RIYADH: Saudi Crown Prince Mohammed bin Salman’s go to is a superb honor for Greece that can improve an already “glorious” bilateral relationship, the Greek minister for growth and investments, Adonis Georgiadis, has instructed Arab Information.
“We’re deeply honored that HRH Mohammed bin Salman determined to go to Greece as his first journey to an EU nation since 2018,” he mentioned forward of the crown prince’s arrival in Athens on Tuesday.
The go to is meant to construct on the already sturdy ties between the 2 international locations, which cowl politics, the economic system, commerce, funding, protection, safety, tradition and tourism.
“This (go to) is essential to Greece and crucial to our relationship as a result of we honor and admire his management, his imaginative and prescient for the Kingdom of Saudi Arabia, and the way in which the Kingdom is progressing to the brand new period of humanity in renewable power, and new know-how,” mentioned Georgiadis.
“I actually consider that his highness is a powerful chief, and his resolution to be right here, I’ve to say once more, could be very, crucial to us. The extent of the connection between Greece and the Kingdom of Saudi Arabia is greater than glorious. And what we need to obtain is that the excessive degree of our relationship within the protection space and politics, basically, shall be (emulated) on the financial facet.”
Talking to Arab Information by Zoom from Athens, Georgiadis mentioned he was assured that Greek firms and traders would come to play a outstanding position within the growth of NEOM — Saudi Arabia’s new good metropolis taking form on the Crimson Coastline and one in every of a number of giga-projects launched as a part of the Kingdom’s Imaginative and prescient 2030 social reform and financial diversification agenda.
“It’s not solely a challenge about financial progress. It is a challenge in regards to the new period of humankind on planet Earth, with sustainable progress, with respect for the setting, and the usage of excessive know-how to enhance human way of life and wellbeing,” Georgiadis mentioned.
“So, I’m certain that plenty of Greek firms would have an interest to take part on this large NEOM challenge and to be part of this.”
Underscoring the more and more shut diplomatic, safety, and enterprise ties loved by each nations, Georgiadis confirmed that a number of new memorandums of understanding could be signed by the crown prince and Greek Prime Minister Kyriakos Mitsotakis at a particular ceremony on the Acropolis Museum in Athens.
Opened to the general public in 2009, the world-famous archaeological museum homes Bronze Age, Roman, and Byzantine artifacts found on the web site of the Acropolis, which is the nation’s most prized antiquity and nationwide monument.
Internet hosting the signing ceremony at this venue shall be symbolic.
“This has by no means occurred earlier than,” Georgiadis instructed Arab Information. “We have now by no means signed an MoU with some other nation on the planet within the Acropolis Museum. And that is only a (message) from our prime minister to the Kingdom of Saudi Arabia to point out how we really feel that you’re one thing very distinctive to us.”
Georgiadis will signal MoUs on funding and commerce. “We may also have one within the protection space, the excessive know-how space, and the maritime sector. After which, in fact, an important MoU for tradition and cultural alternate. (We) May have a really good ceremony in our Acropolis.”
In 2020, Greek exports to Saudi Arabia have been valued at $339.04 million, whereas its imports from the Kingdom stood at $620.57 million, in response to the UN Comtrade database on worldwide commerce.
To spice up bilateral investments, the Council of Saudi Chambers signed an MoU final September to ascertain the Saudi-Greek Enterprise Council.
“I’m very happy that the Saudi-Greek Enterprise Council has been established,” mentioned Georgiadis. “I’m very honored that there are two crucial individuals from Greece and the Kingdom, the leaders of this group, from the Kingdom of Saudi Arabia, Mrs. Lubna Olayan.”
Along with Greek entrepreneur and investor Achilleas Konstantakopoulos, Al-Olayan is the co-president of the Saudi-Greek Enterprise Council.
Georgiadis added: “The Olayan household is an actual pal of our nation. They’ve been investing in Greece because the Nineteen Seventies. They stayed with Greece in all our tough instances. We acknowledge this household, actual buddies, and crucial traders. And I’m proud and honored that they’ve met and labored along with me.
“I believe the fact that such vital individuals determined to be the leaders of the group exhibits the extent of the dedication and the ambition we’ve got in following all these initiatives and establishing an actual friendship and cooperation between our two nice international locations.”
Georgiadis mentioned he was assured there could be many extra offers and partnerships introduced quickly, “from renewable power to agriculture and meals safety and excessive know-how,” and that there was “very excessive potential within the vacationer trade and transport.”
Final December, the 2 nations signed a cooperation settlement on maritime transport to develop industrial maritime navigation, improve the site visitors of economic ships, and encourage commerce.
In March, Saudi Arabia and Greece signed an MoU paving the way in which for improvements in renewable power, together with inexperienced and blue hydrogen, and the event of a fiber-optic cable community that can join information from Southeast Asia to central Europe.
“The cable, the place they get the connection, Greece, and Europe with the Kingdom of Saudi Arabia by means of Egypt, is an important challenge,” mentioned Georgiadis.
“You see, each Greece and the Kingdom of Saudi Arabia share a singular location for his or her area — Greece because the entry level of the EU and primarily based within the Mediterranean and Saudi Arabia as the perfect location that may unite the Arab world and the Center East with the Far East and Asia.
“So, it’s very pure that this, each nearly as good areas, by way of excessive know-how, will have the ability to unite their forces for the great of humankind and for world economic system and their very own model.”
The Saudi-Greek Funding Discussion board, held within the Kingdom on March 13, showcased funding alternatives in each international locations and resulted in tons of of bilateral enterprise conferences.
Georgiadis mentioned he had excessive expectations for the Saudi-Greek relationship within the wake of Crown Prince Mohammed bin Salman’s go to and anticipated many extra commerce agreements to comply with.
“Once we have been final in Riyadh, there have been greater than 200 B2B conferences between non-public firms from Greece with Saudi Arabia firms. They have been adopted by (one other) lot in Athens,” he mentioned.
“So, you recognize, the outcomes (of these) are going to come back out in 24 hours.”