note:The countries participating in the agreement will be Greece, Turkey, Albania, Bulgaria, Romania, Russia, Serbia, Hungary, Georgia, Armenia, Moldavia and Azerbaijan.
06 Dec 2006 10:51:00 (ERT) By Christos Pagonis
An agreement promoting commerce and investments was signed between the Greek government and the UN. Economy & Finance Minister Georgios Alogoskoufis and UNDP Deputy Director, Europe and CIS Marta Ruendas. According to the agreement a bureau will open in Athens, promoting the better cooperation among the 12 countries of the wider region and the boosting of commerce and investments. The programme will be co-financed by Greece, Turkey and the UN. The countries participating in the agreement will be Greece, Turkey, Albania, Bulgaria, Romania, Russia, Serbia, Hungary, Georgia, Armenia, Moldavia and Azerbaijan. After the signing of the agreement, Mr Alogoskoufis stated that the bureau would focus on the development of the private sector through the utilisation of investing opportunities in the region. Emphasis will be also given to the promotion of exports to the EU and the US. He also added that the agreement signalled a new era of cooperation with the UN. Greece gives special emphasis on economic development, peace and the prosperity of the peoples in the wider region.
From her side, Ms Ruendas described the agreement very important, adding that she was especially grateful to the Greek government and Mr Alogoskoufis. Greece’s participation in the agreement is of strategic importance. The region is expected to combat its economic problems through this cooperation.