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07 September, 1998
Speaking during a visit to the 63rd Thessaloniki International Fair (TIF) yesterday, US Ambassador to Athens Nicholas Burns called on American investors to invest in Greece without fear.
Mr. Burns, who was speaking while visiting the pavilion of the American Hyatt Regency company which is exploiting the casino in Thessaloniki, said he was particularly impressed by the TIF which he was visiting for the first time and referred to Greece's vital economy which is forging ahead. He also said that having Greece as an active and dynamic partner was great support for Balkan countries.
"My advice to American companies is to come to Greece and see a country which is changing and an economy which is being modernized. One of the reasons that President Clinton sent me here is to ensure that the US and Greece will strengthen their relations and there is no better way for this than by developing their economic relations. I believe this and I advise American investors to invest in Greece which is a stable country with a good economy, contrary to some Balkan states where we have conflicts. There is stability in Greece," Mr. Burns said.
"Our primary target as the US government is to promote American enterprises in Greece to invest in Greece and to conclude cooperation with Greek companies," he added.
Mr. Burns said that concluding cooperation will mean gains both for Greece, because it will be translated into new jobs and tax revenues, and the US because it will provide the opportunity for them to have a good partner and to obtain profits.
"The main priority is for us to increase trade and our investments," he said.
Mr. Burns reiterated that Greece and the US have been friends and partners ever since Greece gained its independence and pointed out that the issue of Cyprus and Greek-Turkish relations do not affect American investors.
Referring to the SECI initiative, Mr. Burns stressed the particularly important role played by the Greek government aimed at facilitating overseas trade and transport in the region.
Source: Athens News Agency