File photo.
Eurobank and the Indian Chamber of Commerce (ICC) signed a memorandum of understanding (MoU) on Monday to work to establish the India-Greece-Cyprus Business Council (IGC).
The MoU was signed in the presence of the Indian Ambassador Shri Rudrendra Tandon at the Indian Embassy in Athens.
Eurobank CEO Fokion Karavias welcomed the signing of the MoU and emphasized that Greece and Cyprus can be strategic entry points to the EU for Indian businesses and investors.
Eurobank plans to set up a representative office in Mumbai after receiving regulatory approval.
As the first initiative of its kind, the IGC Business Council will lay the foundation for strong bilateral business interactions and strategic partnerships, said Ameya Prabhu, ICC president.
