Canada and Greece relations

The year 2017 marked 75 years of diplomatic relations between Canada and the Hellenic Republic, Greece’s official name.  Canada-Greece bilateral relations are friendly and active. Greece and Canada also share many international interests and objectives. This is expressed through dialogue at:

A number of bilateral treaties also provide an effective framework for productive economic relations and for cooperation on relevant international issues:

Greek-Canadian community

Roughly 243,000 Canadians claim Greek descent.  In 2015, 128,900 Canadians visited Greece and nearly 14,000 Greeks visited Canada in 2016. These persons contribute to the positive perception of Canada in Greece.

In 1996, to foster closer commercial relations, the business community in Athens established the Canadian-Hellenic Chamber of Commerce (CHCC).

Education cooperation

A Memorandum of Understanding in Education Cooperation, signed in July 1998, provided the initial foundations for cooperative arrangements between Canadian and Greek Universities. Chairs and Centres of Hellenic Studies have been established at Canadian universities, notably:

The first Canadian Studies Centre in Greece was established in 2002 at the University of Athens.

In celebration of the 70th anniversary of Canada-Greece bilateral relations in 2013, The Stavros Niarchos Foundation established scholarship programs for Greek students at the universities of Ottawa, McGill, York (PDF) and l’Université de Montréal (French only).

Partnerships also exist between Canadian and Greek universities for summer study abroad programs, notably:

The Canadian Institute in Greece was established in 1976 as a foreign archaeological institute responsible on overseeing all aspects Canadian archaeological fieldwork projects in Greece. Beyond archaeology, the Canadian Institute also organizes academic lectures and seminars and hosts cultural events.

Commercial relations

Trade

Canada and Greece have enjoyed good trade relations for many years. In 2016, bilateral trade in goods with Greece was $324.5 million. Canadian exports were $83.2 million, while imports increased by 5.7% to $241.3 million.  In 2015, services exports to Greece were $289.0 million, while imports were $1.1 billion.

Canada’s main exports to Greece are:

The main products Canada imports from Greece are:

Comprehensive Economic and Trade Agreement (CETA)

Canada and the European Union signed the Canada-EU Comprehensive Economic and Trade Agreement (CETA) at the Canada-EU Summit on October 30, 2016. The European Parliament approved CETA on February 15, 2017. Provisional application of CETA started on September 21, 2017, at which time all economically significant parts of the Agreement entered into force. CETA is expected to generate new economic opportunities for both Canada and Greece.

Investment

A number of Canadian companies have operations or partnerships in Greece. They include:

There are several Greek companies with operations in Canada. They include:

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