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Deputy FM addresses Greece-China Business Council
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Deputy Foreign Minister Evripidis Stylianidis made an account of efforts made by Greece so far to approach the Chinese market, recognising in time the momentum of the Chinese economy at the Greece-China Business Council on Thursday and outlined the sectors in which Greece has comparative advantages to further strengthen bilateral cooperation.
The annual volume of Greek-Chinese trade transactions over the 2001-2006 period tripled and reached 2.4 billion dollars. Despite the balance deficit, Greek exports have increased by 110 percent from 2004 until today and Greek investments in China have exceeded 200 million euros.
We also believe that a wide field is being opened for Chinese investments activity and we look forward to considerable Chinese investments in our country, the deputy foreign minister said.
Outlining Greeces comparative advantages, he referred to exports of farm and dairy products and of cosmetics, while noting that the Greek authorities are making efforts to promote these products by concluding agreements to sidestep bureaucratic obstacles.
Focusing on the sector of tourism, Stylianidis said that Greece is expecting an increase in the influx of tourists due to the improvement of the living standards of the Chinese, the prestige produced by the Athens Olympic Games, the hosting of the next Olympic Games by Beijing and as a result of a direct air link between the two countries as of autumn.
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