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Athens News Agency: News in English, 08-05-12

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <>


  • [01] Greece-Nigeria accord

  • [01] Greece-Nigeria accord

    New investment fields in the petrochemicals sector, the cement industry, fertilizers and other high added-value products are opening up with a bilateral agreement in the economic, scientific and technology sectors signed in Athens on Monday by Greek Deputy FM Petros Doukas with visiting Nigerian Commerce and Industry Minister Charles Ugwuh.

    Ugwuh, who is in Athens for a two-day 'Africa Day' conference, urged Greek businesses to examine investment initiatives in Nigeria, particularly in the energy sector, including Renewable Energy Sources, in the petrochemicals field, construction, banking, food processing, and fish farming, Doukas said after the signing of the cooperation agreement, stressing that there was a "very good" starting ground of Greek enterprises already in Nigeria, such as the Leventis, Mandilas and Koumantaros companies, "on which we can build".

    Doukas pledged to convey Ugwuh's message to the Greek business community during the two-day conference, which opens Monday, attended by ministers from 11 African countries and some of the largest Greek entrepreneurs, and stressed that "Greece must turn its interest to the Black Continent", which afforded "very large opportunities".

    Ugwuh, whose country is the largest crude oil producer in Africa, said that "it is important, following a century of transactions between Greece and Nigeria, that an official agreement (on cooperation) was signed today".

    "We consider Greece a strong partner in Europe. We are happy about the agreement," the Nigerian minister added.

    Caption: File photo of Greek Deputy Foreign Minister Petros Doukas. ANA-MPA.

    Athens News Agency: News in English Directory - Previous Article - Next Article
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