Why is it in the news?
India and Greece signed a Joint Declaration of Intent (JDI) on defence industrial cooperation.
Bilateral Military Cooperation Plan for 2026 exchanged, strengthening strategic partnership.
Category: International Relations
Important Points:
● JDI lays foundation for structured five-year roadmap in defence cooperation
● Exchange of Bilateral Military Cooperation Plan for 2026
● Cooperation links Aatmanirbhar Bharat with Greece’s Agenda 2030 reforms
● Greece to position Liaison Officer at IFC-IOR Gurugram
● Strategic Partnership elevated in August 2023
● Greece controls ~20% of global shipping tonnage
● Bilateral trade approx. USD 2 billion (2022–23)
● Greece supports India’s UNSC bid; India supports Greece on Cyprus issue
● Greece is key node in India-Middle East-Europe Economic Corridor (IMEC)
● Partnership seen as counterbalance to Turkey–Pakistan axis