Greece backs the India-Middle East-Europe Economic Corridor (IMEC) as a project for peace, despite delays due to Middle East conflicts.
Greece plans to double trade with India and open new consulates in Mumbai and Bengaluru, along with direct flights.
The war in Gaza and Lebanon has delayed IMEC meetings, but there is hope for peace in the region.
Greek Prime Minister Mitsotakis promoted Greece as a “gateway to Europe” for Indian trade via IMEC.
Greece’s Piraeus port is a key part of IMEC, and Adani Group is looking at Greek ports like Kavala and Volos.
Trade Between India and Greece: Trade was $1.9 billion in 2022-23, with a goal to double it by 2030, focusing on construction materials, food, beverages, and renewable energy.
Greece and India are negotiating an agreement to address illegal migration, aiming to create legal migration pathways.
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