Betty Alexandropoulou on trade and double taxation agreement between Australia and Greece

·

Executive Director and Board Member of Enterprise Greece, Betty Alexandropoulou, discussed the issues of trade and a double taxation agreement between Greece and Australia during the ‘Greek Australian Dialogue Series’ on Monday afternoon.

The conference was attended by over 50 people and was hosted by Katia Gkikiza, the Trade Commissioner of Greece in Australia and Paul Nicolaou, Director of the Business Leaders Council, Australian Chamber of Commerce and Industry.

‘Potential for further trade’:

Ms Gkikiza kicked off the digital talk by introducing Ms Alexandropoulou and outlining the growth in export trade between Greece and Australia in recent years.

“Last year, the year 2020, they [exports] surpassed 200 million euros for the first time. In fact, Greek exports to Australia grew by almost 7 percent last year despite the pandemic and this year, in the first six months for which we have data, Greek exports to Australia increased by a further 7.9 percent compared to the same period last year,” the Trade Commissioner of Greece in Australia said.

These statistics were later touched on by Ms Alexandropoulou who stressed that Enterprise Greece is working towards further digitalisation and the promotion of Greek products globally.

“At Enterprise Greece, we help our companies go global by tapping into the most promising markets and finding new business partners abroad,” Ms Alexandropoulou said.

Executive Director and Board Member of Enterprise Greece, Betty Alexandropoulou. Photo: Andriana Simos / The Greek Herald.

“We strongly believe that the potential for further trade development between our two countries [Greece and Australia] is much bigger… if we consider other strong export sectors for Greece, such as industrial, consumer, technology and services.

“In this capacity, I would like to invite you all, as fellow diaspora Greeks, to stand alongside with us on this mission [of global growth].”

Double Taxation Agreement between Greece and Australia:

The issue of a non-existent double tax agreement between Greece and Australia was also on the agenda, with Ms Alexandropoulou explaining that such an agreement would be ‘an important step’ for both countries.

“I would like to mention the recent request by the Greek Orthodox Community of Melbourne and Victoria for a double taxation agreement between Australia and Greece,” Ms Alexandropoulou said.

READ MORE: Double Taxation Agreement between Greece and Australia only a matter of time.

“Such an agreement would be a positive step in increasing transactions of capital, goods, services and peoples moving between our two countries.

“Commercial and financial transactions in general between Greece and Australia will be facilitated with further stability and security. The possibility of such a double taxation agreement will contribute to the expansion of mutually beneficial synergies.”

Katia Gkikiza, the Trade Commissioner of Greece in Australia.

Ms Gkikiza confirmed to The Greek Herald earlier this month that moves towards a double taxation agreement are being “coordinated” between Greece, the European Union and the Office for Economic and Commercial Affairs of Greece in Australia, and “there have been positive developments.”

Greece’s ‘brain drain’:

One of the final topics touched on by Ms Alexandropoulou was the issue of ‘brain drain’ in Greece, whereby many talented Greek people migrated during the economic crisis in search of better jobs and quality of life.

Ms Alexandropoulou said Enterprise Greece and the Greek Government are ‘trying to address’ brain drain in three ways: (1) by creating a robust environment in which somebody is comfortable to return to, (2) creating a good job environment, and (3) taxation adjustments.

“This is a long process. It’s not something that happens over one year, but it’s something that we see that there are Greeks returning,” Ms Alexandropoulou said.

“But we love having Greeks everywhere around the world as well. I think it’s one of the biggest communities that is basically widespread around the world and it’s one of the advantages when we’re talking about investments to some of the companies.”

Cretan Convention - Web Banner

Advertisement

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Advertisement

Latest News

Creditors of Bill Ferg’s Lobster Cave face total loss as rescue bid stalls

Creditors of Melbourne’s iconic seafood venue The Lobster Cave have been warned they are unlikely to recover any of the millions owed.

Jerusalem Patriarch demands action after West Bank attacks on sacred sites

Christian leaders have accused Israeli settlers of attacking sacred sites and homes in the West Bank. Read more here.

Greece among first EU members to trial internet age-verification app

Greece and four other EU member states will be the first to pilot a new age-verification system for internet users.

Woman who confessed to killing infants moved to high-security Korydallos prison

Eirini Mourtzoukou, the 25-year-old woman who has confessed to killing at least three infants, has been transferred to Korydallos Prison.

GOCNSW youth lead heartfelt farewell to Greek Consul General in Sydney

The Greek Orthodox Community of NSW hosted a special farewell reception for the Consul General of Greece in Sydney, Yannis Mallikourtis.

You May Also Like

Book collaboration between Australian and Greek universities launched at Acropolis Museum

The launch of the book entitled Language and Freedom of Expression was held at the Acropolis Museum on Saturday, 19 November.

Greek economy hit hardest by the coronavirus pandemic, EU says

The Greek economy is set to contract by 9.7 percent in 2020 because of the COVID-19 pandemic, the European Commission forecast on Wednesday.

Swiss government engages Greek Australians to improve humanitarian aid in Somalia

G Squared and Station Five won a bid to the Switzerland government to develop software that monitors humanitarian programs in Somalia.