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Kikilias: We promote development agreements for stability and prosperity in the Mediterranean

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Regarding the Greece-Egypt energy interconnection, Vassilis Kikilias noted that "in the coming years, a major investment will be made between Egypt and Greece, the electricity cable from Egypt to Greece and then electricity will be provided to the rest of the European Union"

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“Connection, cooperation and the promotion of investment and development agreements in shipping and port infrastructure will help the stability of the region, provide security and bring prosperity to our countries,” Minister of Maritime Affairs and Insular Policy, Vassilis Kikilias, said at the “TransMEA 2025” conference in Cairo.

Kikilias pointed out that “strengthening cooperation between Greece and Egypt in these areas is not only a matter of diplomacy, but a real need for the development of the Mediterranean.”

The minister stated that “Greece has the strongest fleet in the world, has a long-standing relationship with Egypt and, therefore, the two countries are jointly proceeding dynamically in investments and upgrading ports, infrastructure and facilities.”

Ηe underlined the importance of investment agreements and collaborations in the field of maritime transport, ports, infrastructure and energy.

Regarding the Greece-Egypt energy interconnection, he noted that “in the coming years, a major investment will be made between Egypt and Greece, the electricity cable from Egypt to Greece and then electricity will be provided to the rest of the European Union”.

Concluding, he highlighted the importance of collaborations: “I hope that we can all work together, through trade, investment and energy agreements, which will help the two peoples to progress and improve their standard of living. Cooperation and interconnection can offer stability, security and development to both countries”.

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