Development and Investments Minister Adonis Georgiadis in an interview with Skai TV on Thursday referred to the benefits for the Greek economy from the signing of the agreements with Saudi Arabia, commenting on the results of a visit by the Crown Prince of Saudi Arabia in Greece.
In particular, the minister said that “it was without exaggeration a historic visit. The crown prince of Saudi Arabia said that ‘I will not go to Greece empty-handed’ and indeed he did not come empty-handed. He announced very important agreements, mainly in the energy sector but also in logistics.”
He noted: “We were asked to turn Greece into a gateway for the distribution of electricity from renewable sources to the rest of the European continent through Greece, with a huge benefit for our country as it would mean that Greece would have the lowest price for energy in Europe and could earn quite a lot from the resale of this energy. At the same time, they asked us to become the logistics centre through which all Saudi Arabian products for export to European countries will pass. They also asked for the cooperation of Greece with Saudi Arabia in the field of tourism in order for Greece to become a gateway to Saudi Arabia for the rest of Europe through Athens. All these are projects which, once implemented, will completely change the level of Greece.”
He also added: “At the Business Forum, where the meeting of large private companies from Greece and Saudi Arabia took place, 16 agreements totaling 4 billion euros were signed, in almost all sectors of the Greek economy, such as energy, defence, shipping, agricultural production and others… We already have a flow of investments from Saudi Arabia to Greece and also from Greece to Saudi Arabia. This relationship is two-way, with the aim in the coming years being to become a privileged economic player with the Kingdom of Saudi Arabia, which has incredible economic power and under the current conditions of rising oil prices, even more so.”