Cooperation With EEU Advantageous for Greek Businesses - Business Council

Greek businesses consider their potential cooperation with the Eurasian Economic Union (EEU) as one of the most promising possibilities in the present economic climate, President of the Greek-Eurasian Business Council Spyros Kouvelis told Sputnik.

MOSCOW, (Sputnik), Anna Liatsou — Kouvelis explained that the EEU would become a very important economic player in the years to come, because of the more than 280 million people it brings together and its geographical location.

"During the current economic crisis in Greece representatives of the business community are very eagerly looking toward working with their partners abroad and in this sense the Eurasian Union is one of the most advantageous regions to work with," Kouvelis, who is also a former Greek deputy foreign minister, said.

"Greece is in a very advantageous geographical position to work with the countries of the Eurasian Union," he added.

He said that since the Greek-Eurasian Business Council was formed in September 2014, it has already signed a Memorandum of Understanding with the Union of Entrepreneurs of Kazakhstan, and is ready to sign a MOU with the Russian Union of Industrialists and Entrepreneurs. Similar memorandums are planned to be signed with Armenia, Belarus and Kyrgyzstan in the near future.

Kouvelis said that Greek entrepreneurs are particularly interested in "food and food processing, energy, and renewable and new forms of energy as well, hotel and hotel management and tourism, transport, logistics, pharmaceuticals, as well as air transport and construction".

The Eurasian Economic Union, which comprises Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia, is an international organization, which aims to achieve the free flow of goods and services between its member nations.