Chinese Premiere Li Keqiang’s three-day visit to Greece that began yesterday is progressing positively with Greek government officials pleased with the outcome. Greek Prime Minister Antonis Samaras welcomed Mr. Li to the country and believes that China’s decision to invest in Greece is a “game changer” for the future.

Specifically, during this visit, the two countries signed more than 20 government and commercial agreements worth $7 billion in the sectors of logistics, energy, shipping and property. There were also trade agreements signed for wine and olive oil. Furthermore, a memorandum of understanding was signed on maritime issues in an effort to promote cooperation on ecological protection, resource exploitation and marine surveys.

Mr. Samaras pointed out that China has helped Greece tide over its debt crisis, noting that further expansion of cooperation will benefit both countries and Europe as well. On his part, the Chinese leader stressed that China is a responsible and long-term investor of Greek national bonds.

Mr. Li’s visit follows one to China by Greek Prime Minister Antonis Samaras last year shortly after Mr. Li took office. Mr. Samaras yesterday emphasized his personal relationship with Mr. Li before guiding the Chinese leader and his wife on a personal tour of the Acropolis Museum that was followed by a dinner.

Today, Mr. Samaras and Mr. Keqiang will visit Cosco’s facilities in Piraeus in a highly symbolic appearance as the firm hopes to acquire 67% of the Piraeus Port Authorities share capital. Later today the two men will address a forum exploring opportunities in shipping investments and trade. The two leaders will also travel to the isle of Crete, a tourist hotspot.