- Key highlights
- Greece decided to join the Indo-Pacific Oceans Initiative (IPOI).
- IPOI is an initiative of India which builds upon the Security and Growth for All in the Region (SAGAR) initiative announced in 2015.
- Both countries agreed to collaborate in the Eastern Mediterranean region and advance the development of the India-Middle East-Europe Economic Corridor (IMEC) Corridor.
- IMEC was launched by India on the sidelines of the G20 Leaders’ Summit in 2023.
- Announced to establish a Joint Working Group (JWG) to enhance coordination on common challenges in defence, cybersecurity, counter-terrorism, and maritime security.
- Emphasized the need for increased cooperation in defence manufacturing.
- Reiterated their commitment to double trade between the two nations by 2030.
- Bilateral Trade in 2022-23 was USD 1.9 billion.
- Greece decided to join the Indo-Pacific Oceans Initiative (IPOI).
- Key Aspects of India-Greece Relations:
- Key Partner in the Mediterranean Region and act as a gateway to the European Union (EU).
- Relations were elevated to Strategic Partnership in 2023.
- Supported India’s membership in Wassenaar Arrangement, Australia Group etc.
- Supports United Nation Security Council (UNSC) expansion, with India as a permanent member.
- Joined India led Initiatives like International Solar Alliance (ISA).
RAISINA Dialogue
|