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India and Greece have shared long standing, close economic ties, bound by common synergies, mutual respect, and close people-to-people contacts. The two countries established modern diplomatic relations during the 1950s, which received an impetus with India initiating a resident Embassy in Athens in March 1978. Since then, the India-Greece relationship has grown manifold, with several bilateral agreements in place between the two sides, across wide-ranging sectors.
The two countries share a common commitment to democracy, peace and development and a common approach to global issues, which has led to further intensification of ties in recent times with frequent dialogues and exchanges at the highest levels.
Bilateral trade between India and Greece has significantly expanded in recent years. On the other hand, Indian imports from Greece have grown significantly in recent years. Both India and Greece have exchanged high - level visits in past few years giving impetus to the bilateral relations and cooperations between the two geographies.