Australia’s Ambassador to Greece Kate Logan had a meeting last week with Greece’s Deputy Prime Minister and Economy Minister Yiannis Dragasakis to discuss trade relations between the two countries.
Mr Dragasakis highlighted that the Greek government is currently implementing a strong reform program to boost growth, while business environment and opportunities for foreign investors. The Comprehensive Strategic Growth program will also aim to modernise public administration and limit bureaucracy when it comes to legal documentation and issuing permits.
Mrs Logan agreed that the successful result of the ongoing free trade agreement negotiations between the EU and Australia will help trade between Greece and Australia improve, especially regarding Greek exports and the penetration of Greek products into the Australian marketplace.
Meanwhile, she noted that potential investors come mainly from tourism, logistics and real estate.
Mr Dragasakis continued to say that making Greece attractive to investors with a more long-term plan in mind is a priority, as “venture capital creates new jobs that will contribute to the reform of the economy as a whole, with emphasis on extroversion and innovation”.