NEW DELHI :Prime Minister Narendra Modi has encouraged the business leaders of Greece to utilize the investment opportunities in India and be a part of India’s growth story.Mr. Modi today attended the business lunch hosted by Prime Minister of Greece Kyriakos Mitsotakis in Athens.
Building on the foundation of the long-standing warm and close relationship between their countries and peoples, the two leaders decided to upgrade Greek-Indian bilateral ties to the level of a “Strategic Partnership” and agreed to work to further expand bilateral cooperation in political, security and economic spheres. Mr Modi paid an official visit to the Hellenic Republic at the invitation of PM of Greece Kyriakos Mitsotakis.
Prime Minister  has encouraged the business leaders of Greece to utilize the investment opportunities in India and be a part of India’s growth story. Mr. Modi today attended the business lunch hosted by Prime Minister of Greece Kyriakos Mitsotakis in Athens. The event saw participation from leading Indian and Greek CEOs from diverse sectors including shipping, infrastructure, and energy, among others.
Speaking on the occasion, Prime Minister Modi highlighted India’s progress in areas such as renewables, startups, pharma, IT, digital payments and infrastructure and the various initiatives undertaken to foster business. Mr. Modi acknowledged the role played by these industry leaders in strengthening bilateral relations and promoting economic cooperation between India and Greece. He said, today, India’s doors are wide open for foreign investment. Earlier, Prime Minister Narendra Modi, in a joint press conference with his Greek counterpart Kyriakos Mitsotakis in Athens, said that India and Greece have agreed to double the bilateral trade by 2030.
The Prime Minister said, he is grateful to the President of Greece Katerina Sakellaropoulou and the people of Greece for conferring the award. He said, he dedicates this award to 140 crore Indians. Prime Minister Modi also addressed the Indian community at Athens, Modi said, the country has achieved a new feat in this holy month of Sawan by the successful landing of Chandrayaan-3 on the moon.
As leaders of two ancient sea faring nations with a long-standing maritime outlook, they shared their vision of a free, open and rules-based Mediterranean Sea and Indo-Pacific, in accordance with the law of the sea, in particular the provisions of the UNCLOS, and with full respect for the sovereignty, territorial integrity, and freedom of navigation to the benefit of international peace, stability and security.
Both Leaders noted that he EU and India have largest democratic and free market space in the world, and agreed that deepening EU-India relations would be mutually beneficial and have a positive regional and global impact. The Prime Ministers noted with satisfaction that both Greece and India have shown extraordinary economic resilience, despite the challenges in their respective regions, and have restored domestic economic growth. The two Prime Ministers expressed their strong support for the ongoing India-EU trade and investment negotiations and the early implementation of the India-EU Connectivity Partnership.
Building on the foundation of the long-standing warm and close relationship between their countries and peoples, the two leaders decided to upgrade Greek-Indian bilateral ties to the level of a “Strategic Partnership” and agreed to work to further expand bilateral cooperation in political, security and economic spheres. The two Prime Ministers also decided to take steps to further strengthen people-to-people ties between the two countries. Appreciating the increase in bilateral trade and economic engagement in recent years, the leaders also directed that both sides shall work to double bilateral trade by 2030.
Both leaders reiterated the need for further broadening and deepening bilateral engagements, in the field of defence, shipping, science and technology, cyber space, education, culture, tourism and agriculture. They took note of the signing of the MOU on Cooperation in the field of Agriculture, including the establishment of a Hellenic-Indian Joint Sub-committee on Agriculture for facilitating sectoral cooperation for mutual benefit. Both leaders directed their senior officials to ensure regular dialogue in the areas including political, economic, defence, security and public diplomacy. They also agreed to encourage direct flights between Greece and India.
(Bureau Report With Agencies Inputs).

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