Greece and Saudi Arabia have reaffirmed their commitment to strengthening bilateral economic ties by accelerating the implementation of 23 joint initiatives covering trade, investment, infrastructure, shipbuilding and other strategic sectors.
The commitment was confirmed during the second virtual meeting between Greek Development Minister Takis Theodorikakos and Saudi Minister of Commerce Dr. Majid bin Abdullah Al Qasabi. The two ministers co-chair the Investment and Trade Committee, which operates under the Saudi-Greek Strategic Partnership Council.
According to Greece’s Development Ministry, the ministers reviewed progress on the agreed initiatives and reiterated their determination to move forward with their implementation while advancing shared strategic objectives across multiple areas of economic cooperation.
The ministry said the projects are expected to further strengthen relations between the two countries, deepen investment ties and expand collaboration in key sectors of their economies.
During the meeting, Theodorikakos described Greece as a reliable partner and a gateway to the European market, citing the country’s political and economic stability, strong growth prospects and investment opportunities in strategically important industries.
The ministry said the latest meeting underscored the high level of bilateral relations and the shared intention of Greece and Saudi Arabia to translate their strategic partnership into tangible benefits for both economies, businesses and citizens.
