Greece PM’s Visit to India
Greece PM’s views on India:
- There is no greater entrance to Europe for India than my own nation, and no better route to access Asia for Greece than through a close and strategic alliance with India.
- India is seen as Greece’s longstanding and ancient buddy.
- is a rapidly emerging superpower in the rapidly shifting global arena.
Greece and India are important:
- Greece and India are situated in regions that are both strategically significant to the global system and politically unstable.
- The security, stability, and prosperity of the Indian Ocean region greatly influences the security, stability, and prosperity of the East Mediterranean region, which includes Greece.
Collaboration on a range of levels:
- The Indian Air Force and Navy have begun taking part in combined drills with the Greek military, and periodic reciprocal drills are being planned.
Companies have been observing one another:
- A major Greek construction business is collaborating with an Indian construction company to develop a new airport on the island of Crete.
- The Indian business family has made significant investments in multiple food-related firms in Greece.
- A mid-sized Indian shipping company hopes to establish itself as a major player in the trans-Atlantic shipping market by opening a brokerage firm in Athens.
- A major Indian financial institution has partnered with a prominent systemic bank in Greece to offer mutual fund products internationally.
- The founder and CEO of Fairfax Financial Holdings, Prem Watsa, is an Indian-Canadian billionaire who is considered Greece’s most significant foreign investor over the long term.
The Way Ahead:
- In the Eastern Mediterranean, Greece presents itself as the dependable eastern flank of the European Union (EU) and the North Atlantic Treaty Organisation.
- Greece is currently striving to ensure that the EU-India bilateral trade and investment agreement (BTIA) is swiftly finalised. Greece has been a major advocate of broader EU-India relations.
- It will intensify the two sides’ economic connections even more.
- It is important to make sure that efforts are made to maintain familiarity between Greece and India as they modernise.
- More media collaboration, cultural exchanges, and university student exchange programmes are required.
- More scholarships should be developed by think tanks in both nations working together.
- More travel connections between the two nations are required.
