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:
- the United Nations
- the Organisation for Security and Co-operation in Europe
- la Francophonie
A number of bilateral treaties also provide an effective framework for productive economic relations and for cooperation on relevant international issues:
- Convention Between Canada and the Hellenic Republic for the Avoidance of Double Taxation
- the Prevention of Fiscal Evasion With Respect to Taxes on Income and on Capital
- the Agreement Between Canada and the Hellenic Republic Concerning Youth Mobility
- The Audio-Visual Co-Production Agreement between Canada and Greece
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).
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:
- McGill University
- York University
- Simon Fraser University
- Munk School of Global Affairs at the University of Toronto
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:
- York University with College Year in Athens
- University of Calgary with the Technical University of Crete
- McGill University with International Hellenic University in Thessaloniki
- Athabasca University and the Eastern Macedonia and Thrace Institute of Technology for full credit online MEd
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.
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:
- electrical / electronic machinery and equipment
- pharmaceutical products
The main products Canada imports from Greece are:
- food products
- prepared vegetables
- olive oil
- preserved food
- seafood products
- alcoholic beverages
- fats and oils
- chemical products
- tools and cutlery
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.
A number of Canadian companies have operations or partnerships in Greece. They include:
- Eldorado Gold Corp
- McCain Hellas S.A.
- Coffee Time Hellas
There are several Greek companies with operations in Canada. They include:
- Converge ICT Solutions & Services S.A. (digital media)
- M.J. Maillis Group (containers and packaging)
- Titan Cement Company SA (construction - raw materials)
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