Greece’s Piraeus port is to become a major hub in the Mediterranean, but more coordination will be required between Greece, Europe and China.
Greece and the new 17+1 format
Greece joins the 16+1 format initiative gathering China and Central Eastern countries, Piraeus to become a major gateway for international trade.
Greece officially joins the BRI
On August 27, 2018, Greek and Chinese foreign ministers Nikos Kotzias and Wang Yi signed a memorandum of understanding regarding cooperation within the framework of the “Belt and Road Initiative”.