Greece’s clear will to develop co-operation with Saudi Arabia put forward by Minister of Development and Investment Adonis Georgiades in his greeting at Greek-Saudi Investment Forum held at Riyadh. “We can work together to find a common bright future,” the energy minister said, taking the podium after his Saudi counterpart’s opening remarks. In fact, he sent the message to the business community that Greece has become a country with a friendly investment environment and has a huge desire to attract quality investment projects. In the last 2 years, Greece has had significant successes despite the pandemic: in 2021 Greece had one of the highest growth rates in the EU and in the investment sector recorded a record of 17 years in Foreign Direct Investment, he noted. “We want this to continue and accelerate and we are starting here, from the Kingdom of Saudi Arabia.”
In particular, he pointed out although there are already some good ones investments from the Saudi Arabia in Hellas, “They are not enough for us and we want to run them”. And that is why, he added, the Greek government and business mission is in Riyadh. He stressed that “the reason we are here today is to have results” and stressed the importance of bilateral business meetings (B2B), which will work together to find common ground, accelerate and identify opportunities for cooperation.
He also stressed that common belief of Of Greece and her Of Saudi Arabia is to set a timetable for monitoring all areas of cooperation and milestones that will help both governments see how each timetable unfolds and how they can assist the private sector in completing it. “We are here to reassure both governments that they want to help because we believe that strengthening economic relations between Greece and Saudi Arabia is in their common interest, for the stability, peace and prosperity of the region.” underlined.
He then expressed satisfaction with the establishment of the Greek-Saudi commission. Furthermore, he highlighted the importance of Saudi Arabia for Greece. It is the first Greek business mission after the coronavirus pandemic, he pointed out and noted that it is a clear message from the Prime Minister Kyriako Mitsotaki about how important the relationship with Saudi Arabia is for Greece. “We consider Saudi Arabia one of our closest friends,” he said.
Regarding the prospects of further bilateral cooperation, Adonis Georgiadis focused on energy, especially in the current period, “where Saudi Arabia can play a leading role not only in bilateral relations, but also in the world economy.” He also referred to tourism, shipping and maritime transport, saying he was proud of the success of Greek shipping, as well as the construction sector, which “has been in Saudi Arabia for decades and we want to continue to be here and be part of its vision. King of Saudi Arabia for 2030 “. He made a special reference in the field of renewable energy sources, estimating that Saudi Arabia has great prospects, underlining our country’s will for cooperation, “because it is a sector that Greece also has great potential, it will be the future of the world, and we must to participate in this future, we can be together in this future “.
Finally, he thanked the Deputy Minister of Foreign Affairs, responsible for economic diplomacy, Costas Frangogiannis, for the “professional organization of the mission”.
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