INTERVIEW: Relationship between Greece and Saudi Arabia ‘greater than wonderful,’ says Greek Growth Minister Adonis Georgiadis
RIYADH: Saudi Crown Prince Mohammed bin Salman’s go to is a superb honor for Greece that may improve an already “wonderful” bilateral relationship, the Greek minister for growth and investments, Adonis Georgiadis, 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 stated forward of the crown prince’s arrival in Athens on Tuesday.
The go to is meant to construct on the already robust ties between the 2 nations, 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 vitality, and new expertise,” stated Georgiadis.
“I actually imagine that his highness is a powerful chief, and his determination to be right here, I’ve to say once more, may be very, crucial to us. The extent of the connection between Greece and the Kingdom of Saudi Arabia is greater than wonderful. And what we need to obtain is that the excessive degree of our relationship within the protection space and politics, on the whole, will probably be (emulated) on the financial aspect.”
Talking to Arab Information by Zoom from Athens, Georgiadis stated he was assured that Greek corporations and traders would come to play a outstanding function within the growth of NEOM — Saudi Arabia’s new good metropolis taking form on the Crimson Coastline and considered one 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 isn’t solely a challenge about financial progress. This can be a challenge concerning the new period of humankind on planet Earth, with sustainable progress, with respect for the setting, and using excessive expertise to enhance human lifestyle and wellbeing,” Georgiadis stated.
“So, I’m positive that quite a lot of Greek corporations 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 can 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 will probably be symbolic.
“This has by no means occurred earlier than,” Georgiadis instructed Arab Information. “We have now by no means signed an MoU with another nation on this planet within the Acropolis Museum. And that is only a (message) from our prime minister to the Kingdom of Saudi Arabia to indicate how we really feel that you’re one thing very distinctive to us.”
Georgiadis will signal MoUs on funding and commerce. “We will even have one within the protection space, the excessive expertise space, and the maritime sector. After which, in fact, a vital 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 keeping with 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 more than pleased that the Saudi-Greek Enterprise Council has been established,” stated 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 good friend of our nation. They’ve been investing in Greece because the Seventies. They stayed with Greece in all our troublesome instances. We acknowledge this household, actual pals, and crucial traders. And I’m proud and honored that they’ve met and labored along with me.
“I feel the fact that such necessary individuals determined to be the leaders of the group exhibits the extent of the dedication and the ambition we’ve in following all these initiatives and establishing an actual friendship and cooperation between our two nice nations.”
Georgiadis stated he was assured there can be many extra offers and partnerships introduced quickly, “from renewable vitality to agriculture and meals safety and excessive expertise,” and that there was “very excessive potential within the vacationer business and transport.”
Final December, the 2 nations signed a cooperation settlement on maritime transport to develop business maritime navigation, enhance the visitors of business ships, and encourage commerce.
In March, Saudi Arabia and Greece signed an MoU paving the way in which for improvements in renewable vitality, together with inexperienced and blue hydrogen, and the event of a fiber-optic cable community that may join knowledge from Southeast Asia to central Europe.
“The cable, the place they get the connection, Greece, and Europe with the Kingdom of Saudi Arabia via Egypt, is a vital challenge,” stated 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 based mostly within the Mediterranean and Saudi Arabia as one of the best 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 means of excessive expertise, will be capable to unite their forces for the nice 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 nations and resulted in a whole lot of bilateral enterprise conferences.
Georgiadis stated 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 observe.
“Once we have been final in Riyadh, there have been greater than 200 B2B conferences between non-public corporations from Greece with Saudi Arabia corporations. They have been adopted by (one other) lot in Athens,” he stated.
“So, you realize, the outcomes (of these) are going to come back out in 24 hours.”