At an unsuspecting time, just before last summer’s dual elections and on the occasion of a creeping rumor that China was interested in restoring the domestic railway network damaged by the tragic accident in Tempe, the economic adviser to the Prime Minister Alex Patelis When asked about it, he said he was completely ignorant, but was quick to clarify that the new government’s focus after the election would shift to Japan, South Korea, Singapore and India. And this is because these are countries and economies that are open, liberal, closer to the model advocated by Mr. Kyriakos Mitsotakisand the circle that accompanies it.
The “Covenants of Abraham”
The truth is that it was preceded at the end of January 2023 by an official trip of the Prime Minister to Japan to be followed on August 23 of the same year, after the double elections, by the official trip of the Prime Minister of India Narendra Modi in Athens, on the way back from the famous BRICS summit in South Africa.
At the time, the Indian political leader described Greece as his country’s gateway to Europe, as an intermediate station for the transfer of knowledge and technology, even expressing his strong interest in India’s participation in the historic electrical and digital interconnections between Europe, the Arabian Peninsula and Asia. , as predicted by those prepared at the time “Covenants of Abraham”who wanted it Israel to play a pivotal role and have the opportunity to normalize his relations with the Arabs. The creation of those massive energy and digital data transmission networks froze after Hamas’s murderous invasion of Israel on October 7, 2023, and the even deadlier, still ongoing, Israeli “self-defense operation” against the Palestinians in Gaza. Lately and under the pressure of the international community to end the merciless slaughter in the closed Palestinian zone, the “Abraham Accords” are coming back to the fore and to the extent that some type of compromise is reached, their preparation will restart.
A window to the world
Regardless of these, however, India wants to open up to the world. London’s post-Brexit bridgehead is defunct or rather severely weakened, not allowing easy access to the large and critical European market for Indians, as Narendra Modi’s fast-growing country cannot wait for its former conquerors. After all, the Indian Prime Minister has stated the goals and aspirations ahead of time and has also carried out the necessary reforms. The Indian economy is sufficiently liberal, it has made way for women, it has acquired flexibilities that the leading Chinese one does not have, its population is young, the average age barely approaches 28 years, its workforce is foreign-speaking, its scientific remarkable base and everyone believes that it will gradually develop into the new big factory of the planet. It is already growing at almost 7%-8% annually. However, it contributes only 3.7% to global growth when China reaches 19%, but has the prospects on its side. It is estimated that its development will be dynamic, it will be the rising power of the next decade and it will play a central role in global economic, productive and technological developments, as indicated by the relocation of many investment giants to its territory.
A separate alliance
With this in mind, Prime Minister Kyriakos Mitsotakis hastened to repay Modi’s trip to Athens. He was received with due honors in New Delhi and looks forward to the enormous size of 1.5 billion inhabitants and the even greater prospects of the country that wants to undercut China, without adopting the arteriosclerotic characteristics of Beijing.
It is no coincidence that he will seek to upgrade the relationship with India to a strategic level, i.e. to take on the characteristics of a separate alliance, apparently coordinating with the American factor, which balances India against the absolutely competitive China. One could say that Mr. Mitsotakis is adapting economic and political diplomacy to the new geopolitical conditions expected to be shaped by the new treaty that may result from the settlement of the open fronts of Ukraine, Middle East and Taiwan.
It is clear that Mr. Mitsotakis places himself in the perspective of the new world that he believes will emerge after the settlement of the major current crises and the rearrangements that will stem from it. It is also interesting that it makes full use of the eclectic affinities that have formed in our country. One of the central persons who accompanied Mr. Mitsotakis to New Delhi is the managing director of Eurobank, Mr. F. Karavias. Needless to say, the largest shareholder of the bank he represents is Indo-Canadian Mr. Prem Watsa, who happens to be the largest foreign investor in Greece in recent years, with investments higher than 2.5 billion euros and also a close friend of N. Modi. Of course, the projected expectations remain to be confirmed. And to prove that indeed the developing strategic relationship between Athens and New Delhi will prove to be pivotal and able to really connect Europe with the emerging zone of the Indian Peninsula.
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