Athens aims to transform Kavala and Alexandroupolis ports in Eastern Macedonia and Thrace into pivotal points for the IMEC Economic Corridor, positioning Greece as a gateway from India to Central and Northern Europe.
The Economic Corridor (India – Middle East – Europe) IMEC, agreed upon at the September 2023 G20 Summit in New Delhi, offers an alternative route to China’s Belt and Road Initiative.
The port axis in Kavala and Alexandroupolis emerges as an optimal choice for Athens, in contrast to the European gateway long open to China via the Port of Piraeus.
Foreign Minister George Gerapetritis had already assured New Delhi of Greece’s commitment to advancing the IMEC gateway during his visit last February, emphasizing Northern Greek ports’ significance for the project.
Deputy Foreign Minister Kostas Fragogiannis echoed this sentiment, noting plans for a railway network linking Thessaloniki, Kavala, Alexandroupolis, Burgas, Varna, and Ruse. Athens sees the Indian corridor as a top priority, aiming to build a broader alliance network.
However, Greece faces competition as other Mediterranean countries like Italy and Spain express keen interest in connecting with the IMEC.
Consequently, Greek initiatives in economic diplomacy are underway to bolster bilateral ties with India. Notably, the Greek Prime Minister’s visit to New Delhi last February, accompanied by ministers and a large business delegation, highlights this effort.
