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India and Greece agree for strategic partnership

India and Greece agree for strategic partnership

Recently, for the first time in four decades, an Indian Prime Minister paid a state visit to Greece.

During this, both sides have agreed to raise bilateral relations to a strategic level and increase India’s reach in the Mediterranean region.

What is strategic partnership?

A Strategic Partnership is a long-term interaction between two countries based on political, economic, social and historical factors. For example, India has strategic partnerships with the United States, Russia, China, Japan, Britain, France and others.

Importance of the Mediterranean region for India’s geopolitical interests:

  • There will be increased engagement and connectivity with a region that spans three continents (Asia, Africa and Europe).
  • This region is also important for India’s Indo-Pacific policy. This is because India can be an important partner for the Mediterranean countries to connect with the Indo-Pacific region.

Highlights of PM’s visit:

  • Both countries have also set a target of doubling bilateral trade by 2030. Bilateral trade was to increase to $1.94 billion in the year 2022-23.
  • It has been agreed to expeditiously finalize the ‘Mobility and Migration Partnership Agreement’ to facilitate the movement of skilled migrants.
  • An MoU was signed on cooperation in the agriculture sector. It also included the formation of a Hellenic-Indian Joint Sub-Committee on Agriculture. This sub-committee will help in sectoral cooperation for mutual benefit.
  • Both sides said they stand united on the issue of maintaining maritime security and abide by the United Nations Convention on the Law of the Sea (UNCLOS).
  • India welcomed Greece to the International Solar Alliance. Also, India said it looked forward to Greece joining the Coalition for Disaster Resilient Infrastructure (CDRI).
  • Both countries have agreed to promote joint efforts in the conservation and protection of ancient sites, and to strengthen cooperation within UNESCO
  • The Prime Minister of India was awarded the Grand Cross of the Order of Honor, the second highest civilian honor of Greece.

Source – Times of India

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