Greek and Chinese Companies Sign Four Collaboration Agreements

Greek and Chinese companies signed four collaboration agreements in Athens on Thursday, before the completion of the second Greece-China Action Plan work group meetings.

Action Plan 2017-2019 aims to promote economic cooperation between the two countries, and the effective combination of the “One Belt, One Road” Chinese initiative with Greece’s Growth Strategy.

Heading the delegations from each side were Greek Deputy Economy Minister for Investment Stergios Pitsiorlas, and Chinese National Development and Reform Commission (NDRC) Vice-President Jizhe Ning, who also met with Government Vice-President Yiannis Dragasakis.

The agreements signed on Thursday include the following:

1. Growth and development agreement between Shenhua Group Corp., Ltd. and Copelouzos Group
2. Trilateral memorandum of collaboration among Shenhua, the Greek Public Power Corporation (DEI) and Copelouzos Group
3. Memorandum of collaboration between China Development Bank and ADMIE, the independent power transmission operator
4. Memorandum of strategic collaboration among China Development Bank, Mytilineos Group, and the China Nonferrous Metal Industry’s Foreign Engineering and Construction Co., Ltd (NFC)

The next Greece-China Action Plan meeting will take place in Beijing.

Source: ANA-MPA