Foreign ministry, SEV sign cooperation protocol for boosting exports

The Foreign Ministry general secretary for International Economic Relations Panagiotis Mihalos and the president of the Hellenic Federation of Enterprises (SEV) Theodore Fessas on Wednesday, 29/10/2014, signed a protocol of strategic cooperation for the promotion of exports aimed, among others, at the promotion of Greek products in new developing markets such as Latin America, East Asia and Sub-Saharan Africa.

The protocol aims at the cooperation between the public and private sectors in the areas of preparing and informing exporters, selecting the target markets for the Greek products, while providing for the best use of the Offices of Economic and Commercial Affairs at embassies through their operation as "Business Hubs" aimed at offering information to Greek businesses.

"The first step is the common identification of target markets. Apart from the traditional markets, we will try to increase our exports to Latin America, East Asia and Sub-Saharan Africa," Mihalos said. "These are new dynamic markets with large penetration margins for Greek products," he added.

"In the current critical situation, the recovery of the Greek economy will come from increased exports of Greek enterprises," Fessas said and added: "The evolutionary transformation of the Greek economy to an economy of producing international tradable goods and services requires a plan, joint initiatives and cooperation between the public and private sectors. We must join forces to render the actions of the Greek entrepreneurship more effective. We believe that the political will, as expressed today, can be an important factor in this effort."