Egypt and Greece strengthen strategic ties across energy, trade, and diplomacy

Eman Youssef in Athens , Wednesday 7 May 2025

Greece and Egypt have deepened their bilateral relations, forging a strategic partnership that spans energy, economy, maritime cooperation, and diplomatic engagement.

President Abdel-Fattah El-Sisi meets with Greek Prime Minister Kyriakos Mitsotakis in Athens. Photo:
President Abdel-Fattah El-Sisi meets with Greek Prime Minister Kyriakos Mitsotakis in Athens. Photo: Egyptian Presidency

 

The two Mediterranean countries have signed key agreements, launched major infrastructure projects, and held regular high-level summits to enhance collaboration in a rapidly evolving geopolitical landscape. Diplomatic ties continue to grow, with frequent visits between leaders underscoring the strength of the relationship.

Greek Prime Minister Kyriakos Mitsotakis and Egyptian President Abdel Fattah El-Sisi have met multiple times, reaffirming the importance of their strategic dialogue. A cornerstone of this partnership is the Greece-Egypt High-Level Cooperation Council, which convened today, Wednesday, and serves as a platform for joint initiatives in tourism, culture, technology, and more.

Energy cooperation: a central pillar
 

Energy collaboration has emerged as a foundation of Greek-Egyptian ties, particularly in the Mediterranean's natural gas sector. The electricity interconnection project is a significant development, linking both countries via an undersea cable. Backed by the European Union, the project aims to transmit renewable energy from Egypt to Greece and onward to Europe, bolstering energy security and supporting green transition goals.

Greece has also expressed strong interest in importing Egyptian liquefied natural gas (LNG). In 2022, both countries discussed increasing LNG shipments. Their joint participation in the East Mediterranean Gas Forum (EMGF) further strengthens this alliance.

Maritime cooperation and trade growth
 

Maritime security and delimitation agreements have reinforced the relationship. In 2020, Egypt and Greece signed a maritime deal enabling joint exploration activities in designated waters. Naval cooperation has also expanded, with both nations conducting joint military exercises and port visits, driven by shared concerns over regional instability and migration flows.

Trade and investment between the two countries have grown steadily. Greece exports pharmaceuticals, machinery, and food products, while Egypt supplies agricultural goods and textiles. Greek companies like Hellenic Petroleum and Copelouzos Group have invested in Egypt's energy and infrastructure sectors.

In 2024, bilateral trade reached €2 billion, up from €1.925 billion in 2023, with Egypt achieving a trade surplus of €344 million. As of February 2025, Greek investments in Egypt totalled approximately €256 million across 226 companies in the industrial and construction sectors. Egyptian investments in Greece, mainly in real estate, amounted to around €38 million.

Shared vision for regional stability
 

In March 2024, Prime Minister Mitsotakis visited Cairo alongside European Commission President Ursula von der Leyen and other EU leaders to sign the EU-Egypt Strategic and Partnership Agreement. Greece emphasised Egypt's critical role in regional stability and migration management.

As Greece and Egypt mark over a century of diplomatic ties, their relationship has evolved into a dynamic and multifaceted alliance. The partnership continues serving national interests and broader Mediterranean stability, from energy security to cultural exchange. The Greece-Egypt alliance is poised for further growth with ongoing projects and sustained high-level engagement.

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