Greek Prime Minister Kyriakos Mitsotakis welcomes Saudi Crown Prince HRH Mohammed bin Salman at the Maximos Mansion in Athens, Greece, July 26, 2022. (REUTERS/Costas Baltas)
RIYADH/ATHENS: Greece and Saudi Arabia will sign a deal in renewable energy and discuss other investments and security, Saudi Crown Prince HRH Mohammed bin Salman said on Tuesday in a meeting with Greek Prime Minister Kyriakos Mitsotakis in Athens.
The crown prince's visit to Greece is his first to a member state of the European Union. His last official visit outside the Middle East had been to Japan in 2019 for a G20 summit.
"We can provide Greece and Southwest Europe through Greece with much cheaper renewable energy and get an MoU (Memorandum of Understanding) signed about that today," Prince Mohammed said, sitting alongside Mitsotakis.
Greece and Saudi Arabia agreed in May on the main terms to set up a joint venture to build a data cable, the so-called "East to Med data Corridor", which will be developed by MENA HUB, owned by Saudi Arabia's STC and Greek telecoms and satellite applications company TTSA.
A Greek diplomatic source has said that a deal on the undersea cable along with other agreements in energy and military would be signed.
"We will be signing important agreements and we will have an opportunity to further discuss regional developments," Mitsotakis said.