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Home Sector Logistics Greece, Egypt set to sign “strategic partnership” to boost bilateral ties

Greece, Egypt set to sign “strategic partnership” to boost bilateral ties

El-Sisi reaffirmed Egypt's commitment to strengthening its strategic partnership with Greece during a meeting with the Greek President
Greece, Egypt set to sign “strategic partnership” to boost bilateral ties
El-Sisi emphasized Egypt’s keenness to deepen collaboration with Greece across multiple sectors, including the economy, trade, tourism, culture, energy and transportation

The Egyptian president’s office confirmed today that Egypt and Greece are set to sign a joint declaration on the strategic partnership between the two countries, along with a number of Memoranda of Understanding to enhance cooperation in areas of mutual interest.

The two countries will discuss ways to further strengthen and develop bilateral relations in various fields, particularly in energy, trade and economic cooperation.

President Abdel Fattah El-Sisi is currently on an official visit to Athens, Greece, as part of efforts to strengthen relations and mutual cooperation between the two countries. During the visit, El-Sisi will lead the Egyptian delegation in the first meeting of the High-Level Cooperation Council between Egypt and Greece, with the participation of Greek Prime Minister, Mr. Kyriakos Mitsotakis, who will lead the Greek side in the meeting.

El-Sisi meets with Greek President

El-Sisi met with Greek President Konstantinos Tasoulas at the presidential headquarters in Athens, where an official reception ceremony was held, marking the start of his official visit to Greece.

The spokesman for the Presidency, Ambassador Mohamed El-Shennawy, said the meeting affirmed the momentum bilateral relations have gained, embodied in the holding of the first meeting of the High-Level Cooperation Council between Egypt and Greece during the visit.

This is in addition to the signing of the joint declaration on the strategic partnership between the two countries, as well as agreements to enhance cooperation in various fields, reflecting the shared will to advance relations to deeper and broader levels.

Egypt’s trade exchange with Greece reached $1.5 billion in the first 11 months of 2024, according to Egypt’s official statistics agency CAPMAS. Egyptian exports to Greece reached $1 billion in 11 months. On the import side, Egypt saw a slight increase, importing $530 million from Greece, up from $523 million in the previous year, with notable imports including fuel, mineral oils, and distillation products.

Read: UK and India sign major trade deal to boost bilateral trade by $34 billion

Egypt and Greece seek stronger cooperation in key sectors

During the meeting, President El-Sisi reaffirmed Egypt’s commitment to strengthening its strategic partnership with Greece, describing it as a cornerstone of both bilateral and regional cooperation.

El-Sisi also emphasized Egypt’s keenness to deepen collaboration with Greece across multiple sectors, including the economy, trade, tourism, culture, energy, transportation, and especially the landmark Egypt-Greece electrical interconnection project. The initiative is seen as a critical step in strengthening ties and marks the first transfer of clean electricity from Egypt to Europe, opening new avenues for sustainable energy exchange.

Greek President Konstantinos Tasoulas, in turn, lauded the strength of relations between the two nations and voiced Greece’s desire to expand its cooperation with Egypt. He also underscored Egypt’s vital role in promoting regional stability and security, highlighting its strategic significance as a key European Union partner in addressing ongoing regional challenges.

Following his official visit to Greece, El-Sisi will head to the Russian capital, Moscow, to participate in the Victory Day celebrations on May 9, at an invitation from Russian President Vladimir Putin.

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