05 February, 2005
Foreign Minister Petros Molyviatis on Friday declared the start of the Ministerial Development and Business Conference for Countries in the Mediterranean Basin taking place in Athens, with the participation of 17 countries.
The minister stressed Greece's determination to develop economic and trade ties around the Mediterranean on stable foundations, saying that a trip by Prime Minister Costas Karamanlis to Egypt in November was also part of this effort.
He said the conference would also help further a strategy for linking the Mediterranean with the Balkan and Black Sea regions, especially in the energy, transport, tourism, trade, and financial services.
In his address to the Ministerial Development and Business Conference for Countries in the Mediterranean Basin taking place in Athens on Friday, Deputy Foreign Minister Evripidis Stylianidis asked the ministers and business people in the audience to boost bilateral relations on a political, financial, business and developmental level.
He also stressed Greece's comparative advantages for foreign investors, such as the newly acquired infrastructure built for the Olympic Games, an attractive developmental law, new and simpler tax laws for those setting up a new business venture and its strategic geographical positions as a crossroads between the East and West.
"From now on, our diplomats throughout our international network will be judged for their advancement in the service based on their performance in economic diplomacy," Stylianidis said, outlining Athens's goals for developing economic cooperation around the Mediterranean.
He also referred to the Greek government's goals to provide reliable information to on emerging markets via the electronic portal created by the foreign ministry and to boost business ties with target markets via organizing visits by business delegations, so as to reduce business risk through the signature of bilateral agreements.
Source: Athens News Agency