Greek new gov't welcomes Chinese investment

0 Comment(s)Print E-mail Xinhua, February 27, 2015
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He expressed confidence that Piraeus port, as a key gateway for the delivery of Chinese products to Europe, can become a leading trade hub on a European and international level.

Tsipras added that there was great potential for bilateral cooperation in transports, railways, as well as in the tourism and culture fields.

Further advancing the friendly ties and win-win cooperation between the two countries was stressed by Chinese Premier Li Keqiang and Tsipras in a telephone conversation on Feb. 12.

Li said China treasures bilateral friendship and continues to expand pragmatic cooperation with Greece, adding that China is willing to work with the Greek side to develop the Piraeus port into a first-class one in the Mediterranean and an important regional hub, which could play a key role in constructing a land-sea express passage linking China and Europe and boosting the Asia-Europe interconnectivity.

The Piraeus port project, a success of China-Greece cooperation, has boosted not only local employment, workers' rights and interests, but also the conservation and improvement of their working conditions, Li stressed, hoping that both sides keep own promises.

For his part, Tsipras said the Greek government also prioritizes relations with China and welcomes China to invest more in Greece.

Pledging not to change the nature of existing cooperation projects with China, Tsipras said Greece is confident that, together with China, the two countries' friendly and cooperative ties will be further advanced.

Tsipras said that Greece, in a vital phase of reviving and developing national economy, needs China's support and help.

The Piraeus project with the Chinese shipping giant COSCO is crucial for Greece's economic development, Tsipras said. As a pilot project for Greece-China cooperation, Athens will attach more significance and provide more support for it, promised Tsipras.

China is an important power backing Europe's stability and development, said the Greek prime minister. Tsipras said Greece values the construction of the Europe-China land-sea express passage, and is willing to serve as a bridge for Europe-China interactions and enhance constant progress of the European-Chinese partnership.

Analysts said it is a usual phenomenon for Greek politicians to land into reality after winning an election. With a win-win prospect and the promise having been made to international lenders and foreign investors, the new Greek government has little room to reverse the direction of privatization, they predicted.

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