“IMEC must not be harmed by the West Asia crisis.”

• Greece’s Minister of Foreign Affairs, George Gerapetritis, supports the IMEC as a peace project.

• The project’s planning has been delayed due to West Asia conflict, particularly the Israel-Gaza war.

• Gerapetritis is working on doubling trade and investment initiatives with India and plans to open two new consulates in Mumbai and Bengaluru.

• Greece is also seeking direct flights and more visas to be issued.

• The ceasefires in Gaza and Lebanon and the opening of the crossing in Rafah represent a significant turning point in the conflict.

• Greece plans to pursue “peaceful settlement of disputes” during its two-year term as a UN Security Council member.

• Trade between India and Greece stands at $1.9 billion in 2022-23, with a commitment to “doubling it by 2030”.

• Greece is particularly interested in Indian commerce in construction materials, food & beverages, and renewable energy.

• Greece and India are negotiating a memorandum of understanding on migration and mobility.