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Sunday, 15 October 2023

Greece turns to UAE to forge relations with India

Greece wants tripartite relationship with UAE, India: Greece is turning to the UAE to help it forge trilateral relations with India, its Foreign Minister George Gerapetritis told Wam in an interview on Wednesday. “Greece would welcome a trilateral relationship with the UAE and India, focused on enhanced economic cooperation, the development of infrastructure and the implementation of joint projects in the fields of transportation, logistics, energy, and trade, in view of the planned India-Middle East-Europe Economic Corridor,” he said. His statements were made during his first official visit to the country, where he said he aims to strengthen cooperation in the UAE in security, defense, renewable energy, and combating climate change.

Common goals: Gerapetritis said that Greece and the UAE have similar carbon neutrality goals, with both aiming to achieve net zero emissions by 2050. He said Greece’s renewable energy now accounts for c. 50% of local demand with a target to raise it to 80% by 2030.

ALSO- UAE and South Korea conclude CEPA negotiations: UAE and South Korean officials attended a signing ceremony marking the end of negotiations for the Comprehensive Economic Partnership Agreement (CEPA) to strengthen their trade ties, UAE State Minister for Foreign Trade Thani bin Ahmed Al Zeyoudi said. The CEPA will help eliminate or lower tariffs on several goods, remove trade barriers, and pave the way for investments in priority sectors like energy, logistics, food production, e-commerce, and others, Wam said. The UAE has rolled out several CEPAs with Turkey, Indonesia, Israel, and India in recent months.

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