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PM Mitsotakis and Saudi Crown Prince Mohammed bin Salman sign important agreements

Featured PM Mitsotakis and Saudi Crown Prince Mohammed bin Salman sign important agreements

Prime Minister Kyriakos Mitsotakis met on Tuesday with the Crown Prince of Saudi Arabia, Mohammed bin Salman bin Abdulaziz Al Saud, who is making his first official visit to Greece.

According to government sources, the meeting took place in a good climate, indicative of the strong interest of both sides in further deepening the already close bilateral relations and expanding the dynamically developing Greek-Saudi cooperation, which was also confirmed during Mitsotakis' visit in Riyadh, in October 2021.

The two leaders signed an agreement setting up a Supreme Strategic Cooperation Council, which consolidates the strategic relationship of the two countries and the promotion of bilateral cooperation in all areas of mutual interest.

The prime minister underlined the importance of the ECM (East to Med data Corridor) project, the undersea and terrestrial data transmission cable system that will connect Europe with Asia via Greece and Saudi Arabia and will render Greece a data entry gateway to the EU, while at the same time connecting it to the Middle East and Asia.

He also had the opportunity to present to the Crown Prince of Saudi Arabia the initiatives that Greece has undertaken in order to become an energy hub that connects the wider region with European markets. In this context, the two leaders discussed the prospects of cooperation between the two countries in the field of "green energy", as well as the possibilities of transferring electricity from Saudi Arabia to Europe through our country, which can become the "bridge" between Middle East and Europe.

Mitsotakis pointed out the new investment opportunities that Greece offers in tourism infrastructure, the real estate market, maritime transport and the logistics sector, while he underlined the significant investment potential in port infrastructure and the land transport network in Alexandroupolis. The two leaders also focused their attention on the new prospects opening up for cooperation in digital connectivity, with the transformation of the two countries into important regional data centres thanks to their geographical location.