Wed Feb 05 15:53:41 UTC 2025: ## Greece Vows Support for India-Middle East-Europe Economic Corridor Despite Delays

**New Delhi, February 5, 2025** – Greek Foreign Minister George Gerapetritis reaffirmed Greece’s unwavering support for the India-Middle East-Europe Economic Corridor (IMEC) during a visit to India. While acknowledging delays caused by the ongoing conflicts in West Asia, particularly the Israel-Gaza war, he emphasized the project’s potential as a “project for peace.”

Mr. Gerapetritis, in an exclusive interview with *The Hindu*, stated that his visit follows recent meetings in Qatar, Israel, Ramallah, and Jordan, and will be a key topic of discussion during his consultations with Indian External Affairs Minister S. Jaishankar.

Greece aims to significantly boost its trade and investment ties with India, targeting a doubling of the current $1.9 billion figure by 2030. This will involve opening new consulates in Mumbai and Bengaluru, and facilitating direct flights between the two countries. Areas of particular interest for increased trade include construction materials, food and beverages, and renewable energy. The completion of the India-European Union Free Trade Agreement is also expected to accelerate this growth.

The IMEC, launched last year, has faced setbacks due to the regional conflicts, delaying planned meetings among stakeholder nations. However, Mr. Gerapetritis expressed optimism, citing recent ceasefires and the opening of the Rafah crossing as potential turning points.

While sidestepping direct confirmation of reports suggesting the Adani Group’s interest in acquiring terminals in Greek ports like Kavala and Volos, the Minister welcomed potential Indian investment in Greek port infrastructure, aligning with Greece’s ambition to be the IMEC’s gateway to Europe.

The issue of illegal immigration from India to Greece was also addressed. Mr. Gerapetritis stated that both countries are negotiating a memorandum of understanding on migration and mobility, aiming to shift irregular migration towards legal pathways. He highlighted the significant number of visas issued by the Greek Embassy in Delhi in 2024 (over 30,000) and the planned consulate openings as steps towards strengthening bilateral ties. During his meeting with Minister Jaishankar, further collaboration in areas such as maritime security, shipping, trade, investment, culture, and tourism will also be discussed.

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