61. Greece’s Rise as a Trans-Mediterranean Power: Greece’s Eastern Mediterranean strategic shift to Europe-to-Africa and Europe-to-Middle East connectivity
- Author:
- Michaël Tanchum
- Publication Date:
- 02-2021
- Content Type:
- Working Paper
- Institution:
- Hellenic Foundation for European and Foreign Policy (ELIAMEP)
- Abstract:
- Greece stands at the threshold of a strategic shift that could see the Hellenic Republic become Europe’s geopolitical gatekeeper of the emerging East Africa-to-Europe and Middle East-to-Europe commercial corridors. Whether Greece becomes a European leader in trans-Mediterranean connectivity depends on Athens’ ability to develop its own position in East Africa-to-Europe and Middle East-to-Europe manufacturing value chains. Greece’s advancing green energy, innovation economy offers promising avenues to engage Egypt, Israel, the UAE, and Saudi Arabia in joint ventures that will transform Greece into a cutting-edge trans-Mediterranean actor. Greece’s new trans-Mediterranean profile is a strategic shift that will require the EU system to adjust its perception of Greece and incentivize closer coordination between Greece and other member states to facilitate joint venture investments in the two corridors. In the absence of such coordination, Athens will continue to deepen its relations with Egypt, Israel, the UAE, and Saudi Arabia while engaging with select EU member states. The extent to which Greece succeeds at industrial value chain integration will determine its role in the emerging trans-regional commercial architecture, and with it, Greece’s strategic standing within the European Union and the MENA region.
- Topic:
- European Union, Geopolitics, Trade, and Value Chains
- Political Geography:
- Africa, Europe, Middle East, Greece, and Mediterranean