International Development News
Development News Edition

China's Xi arrives in Athens to 'deepen cooperation'

China's Xi arrives in Athens to 'deepen cooperation'
Chinese President Xi Jinping (File photo) Image Credit: ANI

Chinese President Xi Jinping touched down in Athens on Sunday, for a three-day visit looking at "a deeper cooperation with Greece in all sectors". Xi is expected to meet President Prokopis Pavlopoulos and Prime Minister Kyriakos Mitsotakis, and the two countries are due to sign cooperation documents on education, shipping and energy.

"It is our duty to steadily upgrade our cooperation in all sectors, by delving deeply into existing fields and expanding the range of investments", the Chinese president said in an article published in "Kathimerini" newspaper on Sunday. "Relations with Greece are a priority for China," Greek Foreign Minister Nikos Dendias told Thema radio on Thursday.

"They came and invested in Greece when others stayed away" during the crisis, Dendias said. Xi's visit comes on the heels of a four-day trip to Shanghai by Mitsotakis earlier this week, when he led a delegation representing more than 60 businesses.

The front-page headline in the pro-government newspaper "To Vima" refers to Greece's "Wedding with the Chinese Dragon" expecting a "deal signing fever in Athens". "We have a number of important deals that open the Chinese market to Greek products," Mitsotakis told the paper in an interview published Sunday.

Greece has been building progressively closer trade relations with China for more than a decade. The initiative started with a 2008 deal by a previous conservative government to cede container terminals at the main port of Piraeus to Chinese shipping giant Cosco.

Cosco's 600-million-euro ($660 million) investment in Piraeus deemed "the head of the Dragon" by Xi, could reach one billion euros, Mitsotakis said during his Shanghai visit. Greece has also signed up to China's new 'Belt and Road' project, a $1-trillion global investment programme aiming to forward Chinese goods to markets further afield.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)



'No escape from telephones', this 1953 prediction actually comes true

In 1953, a telephone company chief predicted that therell be no escape from telephones in the future....

With Ayodhya verdict, CJI starts clearing high profile pending cases

Ending all the speculations, the Chief Justice of India Mr. Ranjan Gogoi who is due to retire on November 17 decided to deliver the verdict in Ayodya dispute at 10.30 am on Saturday which is not a working day for the Supreme Court. This is ...

How partnerships and collaborations could enhance teacher training

Monica Malhotra Kandhari, Managing Director, MBD Group shares her views on public private partnership and collaborations in education sector. She supports her propositions with her organisations success stories....

Fixed Test centers would facelift level of WTC in India

The venues for the test matches in India should be fixed so that World Test Championship matches remain fair....


Latest News

UPDATE 2-Lebanon to trial gasoline tender amid supply, price concerns

Lebanons energy ministry will trial a state tender for gasoline next month, caretaker energy minister Nada Boustani said on Friday, in an effort to stave off potential supply shortages brought on by the countrys worsening economic condition...

U.S. calls on Libya's Haftar to halt Tripoli war, warns against Russia's role

The United States on Friday called on eastern Libyan commander Khalifa Haftar to stop his offensive on the capital held by the internationally recognised government and warned against Russian interference. Haftars Libyan National Army LNA h...

Former U.S. envoy to Ukraine faults bosses at impeachment hearing

State Department leadership has damaged the institution by failing to resist foreign and corrupt interests that apparently hijacked U.S. policy toward Ukraine and by not defending its own diplomats, the former U.S. envoy to Ukraine said on ...

Kiec says Macron promised Zelenskiy support ahead of east Ukraine summit

French President Emmanuel Macron assured Ukrainian President Volodymyr Zelenskiy of support during a phone call ahead of a peace summit on eastern Ukraine taking place on Dec. 9 in Paris, Zelenskiys office said on Friday.The two leaders wer...

Give Feedback