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11/25/08

Xinhua: Greece - Hu Jintao's visit highlights friendly ties between China, Greece and Greece and sign euro831.2 million Port deal - by Liang Yeqian

For the complete report from Xinhua click on this link

Greece -FM: Hu Jintao's visit highlights friendly ties between China, Greece and Greece - by Liang Yeqian

Chinese President Hu Jintao's ongoing official visit to Greece reflects the excellent bilateral relations between the two countries, Greek Foreign Minister Dora Bakoyannis said Monday in an interview with Xinhua. She said current Greek-Chinese relations, strong as they are, could be further strengthened through enhanced cooperation in the fields of commercial shipping, tourism, culture and education, and people-to-people exchanges. Bakoyannis said Greece has particular strength in the merchant shipping sector as it has the busiest ports in southeast Europe and the eastern Mediterranean Sea. Greek ship-owners are currently the biggest and most important customers of Chinese shipyards, and nearly 50 percent of merchandise traveling to and from China are transported by Greek merchant fleets, she went on to say. She said the strategic partnership between Greece and China also includes their cooperation in international affairs, adding that her country supports increased dialogue between China and the European Union.

Note EU-Digest: Chinese President Hu Jintao has promised to expand maritime trade with Greece after finalizing a euro831.2 million (US$1b) container-port concession deal Tuesday. Under the agreement, China's Cosco Pacific Ltd. will receive a 35-year concession to manage two container terminals at Greece's main port of Piraeus.The agreement was signed after Hu met Greek Prime Minister Costas Karamanlis for talks. Karamanlis said Greece will become a key transit point for Chinese goods bound for southeast Europe and the eastern Mediterranean.

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