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

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 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.

Related Links
Learn about the Superpowers of the 21st Century at SpaceWar.com
Learn about nuclear weapons doctrine and defense at SpaceWar.com

Tweet

Thanks for being there;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.

SpaceDaily Monthly Supporter
$5+ Billed Monthly

paypal only

SpaceDaily Contributor
$5 Billed Once

credit card or paypal

NATO allies clash after Macron says alliance experiencing 'brain death'
Paris (AFP) Nov 7, 2019
NATO partners argued Thursday over the alliance's worth after French President Emmanuel Macron said it was undergoing "brain death", prompting a fierce defence of the bloc from Germany, Canada and the US while drawing praise from non-member Russia. "What we are currently experiencing is the brain death of NATO," Macron told The Economist magazine in an interview published Thursday, ahead of a NATO summit next month. But German Chancellor Angela Merkel defended the 70-year-old military alliance a ... read more