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Address by Alternate Minister of Foreign Affairs, G. Katrougalos, at Economist’s Conference “Building Bridges from East to West”, (Athens, 9 October 2017)
Addressing Economist’s business conference on EU-Eurasian-Chinese relations, entitled “Building Bridges from East to West”, Alternate Minister of Foreign Affairs, G. Katrougalos, stressed that now that the country is turning a new page and returning to growth, there is a need for a new production model.
In place of the old state-fed model, the government, Mr. Katrougalos added, is planning a model based on the country’s comparative advantages, including its geostrategic position and political stability. Greece’s multifaceted economic diplomacy is also moving within this framework.
Economic power is shifting from the Atlantic to the Pacific, and Greece, once on the periphery, now finds itself at the centre of the global economic map. Thus, our country’s very good relations with China and the countries of Eurasia are gaining great significance.
“To make Greece’s cooperation with China and the countries of Eurasia more effective, the government has taken specific initiatives, like Prime Minister Alexis Tsipras’ visit to Beijing and Greece’s participation in “One Belt One Road”, the joint statement signed in June with the Eurasian Economic Union, the Greek-Chinese Joint Interministerial Committee meeting held in September in Athens, and the Greek-Russian Joint Interministerial Committee meeting scheduled for November, in Moscow”, the Alternate Minister underlined.