Financial News: Dep. FM unveils econ diplomacy initiatives for 2011

Deputy Foreign Minister Spyros Kouvelis on Monday unveiled the Greek government's economic diplomacy initiatives for 2011, emphasising that the "foreign ministry is focusing on the best possible coordination between public and private sectors to boost the Greek economy’s extroversion."

Kouvelis said the goal is for government ministries, export organisations and economic chambers to work together in order to better promote specific Greek products and services in specific markets.

“We are also focusing on the Greek provinces to boost local entrepreneurship, new entrepreneurs, quality products and brand names,” he added.

The past year was described as positive considering a 7-pct increase in exports in Jan.-Nov. 2010, while in Nov. 2010 exports increased 38 pct compared with the same month in 2009.

Kouvelis said the six geographic target-regions of the initiative are: EU - N. America - Australia; Middle East - N. Africa; Black Sea - Caucasus; Asia - Far East; Latin America; Sub-Saharan Africa.

Top Greek exports are foods, energy (including RES), construction materials, construction, tourism, health and equipment (mechanical and industrial).

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