Greek PM Visit to China Set to Pave Way for Investments

Photo source: @Prime Minister GR

Greek Prime Minister Alexis Tsipras is expected to sign a three-year agreement with Chinese officials to attract investment to Greece, during his visit to Beijing this month for the Belt and Road Forum for International Cooperation (BRF) on May 14-15.

Tsipras will together with leaders from 28 countries including Russian President Vladimir Putin and Pakistani Prime Minister Nawaz Sharif, attend the forum – a two-day event aimed at promoting Chinese President Xi Jinping’s vision of connecting Asia, Africa and Europe via infrastructure investments.

According to Greek financial daily Naftemporiki, the agreement will seek to bring in Chinese investments in the energy and infrastructure sectors and more specifically in the fields of afri-food, mineral, fur, tourism and real estate.

Beijing’s Belt and Road Forum, the largest diplomatic event of the year for China, has been portrayed by Chinese media as “China’s solution” for the world’s economic problems.

In the meantime, boosting relations with China is at the top of the Greek government’s agenda this year, with China being the honored country at the 82nd Thessaloniki International Trade Fair (TIF) to be held on September 9-17.