Athens News Agency: News in English, 10-05-14

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From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

[01] Major Greek-Turkish business forum

[01] Major Greek-Turkish business forum

The forum brings together dozens of top Turkish and 200 Greek businesses leaders and entrepreneurs.

A total of 65 bilateral meetings have been scheduled, covering the construction, building materials, energy, banking, foodstuffs, sea transport and clothing sectors, with the (ANA-MPA) aim to promote joint ventures and expand activities in third countries, particularly in southeastern Europe and the wider eastern Mediterranean basin.

The Greek-Turkish business forum was inaugurated by Greek government vice-president Theodoros Pangalos, Turkish Deputy PM Ali Babacan and Greek Deputy FM Spyros Kouvelis.

Economy, Competition and Shipping Minister Louka Katseli and Turkish Minister of State Zafer Caglayan will also address the forum, while the two countriesâ prime ministers will speak during the conclusion of the forum.

Out of the 250 Greek businesses participating in the forum, 75 have already established activities in Turkey.

As of roughly 4 p.m. (local time), more than 200 meetings between Greek and Turkish business people had taken place, Thanasis Lavidas, the vice-president of the Federation of Hellenic Enterprises, told reporters.

The meetings were extremely interesting, Lavidas, said, adding that Turkey was an exceptional strategic economic partner for Greek enterprises, while at the same time, Greece was a significant pole for attracting investments by Turkish businesses and a bridge towards expanding in other geographical areas.

Lavidas stressed, however, that more decisive steps and initiatives were necessary to boost bilateral relations.

Speaking to reporters, Selim Egeli, president of the Greek-Turkish Business Council, said the business forum will result to the signing of 21 agreements in financial activity. (ANA-MPA)

He underlined that the two countries have signed only seven such agreements in the period from 1950 to 1999 and underlined the major significance of the agreement to be announced, which will affect the future of economic relations between the two countries. (ANA-MPA)

Egeli said there are significant joint opportunities for growth in sectors of tourism, constructions and business partnerships. (ANA-MPA)

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