Source: The post is based on the article “India and Greece pledge to upgrade ties to become strategic partners” published in The Hindu on 26th August 2023.
What is the News?
The Prime Minister of India made an official visit to Greece. This was the first visit by an Indian Prime Minister to Greece in 40 years.
What are the key takeaways from the Indian PMs visit to Greece?
Grand Cross of the Order of Honour: Indian PM was honored with the Grand Cross of the Order of Honour by the President of Greece, making him the first foreign Head of Government to receive this award.
PM visited the Tomb of the Unknown Soldier in Athens: The Tomb of the Unknown Soldier is a war memorial located in Syntagma Square in Athens, in front of the Old Royal Palace. It is a cenotaph dedicated to the Greek soldiers killed during various wars.
Upgrade to Strategic Partnership: Both countries decided to elevate Greek-Indian bilateral ties to a “Strategic Partnership” level, focusing on expanding cooperation in political, security, and economic domains.
Doubling Bilateral Trade: Acknowledging the growth in bilateral trade, the leaders set a goal to double bilateral trade by 2030.
– The two-way trade between India and Greece has grown from $507 million in 2016-17 to $1.94 billion in 2022-23.
Institutional Dialogue Framework: They agreed to establish an institutional dialogue framework at the level of National Security Advisers to enhance collaboration in defense and security matters.
Agricultural Cooperation: An MOU was signed to facilitate sectoral cooperation in agriculture, including the creation of a Hellenic-Indian Joint Sub-committee on Agriculture.
Mobility and Migration Partnership Agreement (MMPA): Both leaders agreed the early finalization of a mobility and migration partnership agreement will be mutually beneficial, facilitating the free movement of workforce between the two countries.
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