In the case of Montenegro, now an official candidate for the EU, the introduction of the euro without an agreement with the European Central Bank (ECB) was recognised by the European Commission as a measure that had to be taken due to “exceptional circumstances” in the country at the time. This could set a precedent for Northern Cyprus. However, it is important to note that the ECB continues to consider that unilateral euroisation is incompatible with the Maastricht Treaty and cannot be a means of circumventing the convergence process. Commenting on the deal, the Greek news site Pentapostagma reported that while the provisions of the deal are not directed against third parties, they are essentially aimed at “destabilizing Turkey.” To confront their common enemy, Greece and the United Arab Emirates (UAE) have signed a foreign and defense policy agreement against Turkey. Greek Prime Minister Kyriakos Mitsotakis met with the Crown Prince of the United Arab Emirates, Mohammed bin Zayed Al Nahyan. They signed a “strategic partnership” and an “agreement on joint cooperation in foreign and defense policy,” the Greek Foreign Ministry said in a tweet. “Relations will continue to deepen and reach a strategic level aimed at regional peace and stability,” she added. Although there is no provision in the EU Treaty explicitly stating that Member States with a derogation must have their own currency, the Treaty is largely based on this assumption. In addition, accession to ERM II will be decided by mutual agreement by all parties to ERM II, composed of the Ministers of the Euro Area Member States, the President of the ECB and the Minister and Governor of Denmark as the only Member State outside the euro area currently participating in the Mechanism. An additional agreement on the training of UAE technicians in the Greek aviation industry is to be concluded shortly. The armored training center in Avlona is intended to accommodate Emirati technicians, as it is located near the technical base of the Greek aviation industry on an area of about 90 hectares, where all the necessary infrastructure and facilities will be built.
An agreement to deploy a Greek Patriot missile system in Saudi Arabia could be signed during the visit of senior Greek officials to Riyadh next week. On April 20, Foreign Minister Nikos Dendias and National Defense Minister Nikos Panagiotopoulos these developments, which pose a threat to the stability of the entire region and Europe, accelerated the consolidation of regional diplomatic and defense agreements. The normalization of relations between the United Arab Emirates and Israel is a cornerstone of peacebuilding and regional partnerships. The same applies to the agreement between the United Arab Emirates and Greece on joint cooperation in foreign and defence policy. The joint agreement and the mutual defence clause guarantee the ability of both countries to exercise self-defence in accordance with Article 51 of the UN Charter, which explicitly recognises that a UN member state has the right to self-defence not only in the event of an armed attack against it, but also in the event of a “threat of use of force”. The United Arab Emirates (UAE) today received the head of the Greek government for an official visit. The two states have signed an external and defense agreement as their mutual tensions with Turkey in the Mediterranean continue. The foreign ministry of either country did not release details of what exactly was included in the agreement. The two leaders discussed terrorism and Turkey`s actions in the region at the meeting, according to the Greek News site Greek Reporter.
The clause contained in the Agreement on Joint Cooperation on Foreign and Defence Policy is purely defensive in nature and constitutes the maximum that can be achieved between two countries that do not have common borders. A regular consultation mechanism at the level of foreign ministers has been set up for the implementation of the agreement, while a Supreme Joint Committee between Greece and the United Arab Emirates is to be established. Greece is preparing to test its Russian-made S-300 air defense systems (ADS) installed on the island of Crete in response to Turkish tests of its S-400 ADS last week. Satellite images of the Turkish military show. The agreement between Greece and the UNITED Arab Emirates on joint cooperation in foreign and defence policy was reached with a view to broader regional security arrangements and aims to counter Turkey`s confident behaviour and expansionism, which stretches from the Arab (Persian) Gulf and Syria to Libya and the eastern Mediterranean. The UAE already participates in the 3+1 formula, which includes Egypt, Cyprus and Greece, as well as France, and regularly discusses regional crises that threaten peace and stability, including developments in the Eastern Mediterranean. Although the agreement explicitly states that it does not affect certain third countries, both sides assume that it was signed to counter Turkey`s attempts to destabilize the Eastern Mediterranean and Middle East region. Greece and the United Arab Emirates have signed a “strategic partnership” that includes an “agreement on joint foreign and defense cooperation,” the two sides said Monday after a meeting in Abu Dhabi. Greek Prime Minister Kyriakos Mitsotakis visited Abu Dhabi on Wednesday and signed a “strategic partnership” and an “agreement on joint cooperation in foreign and defense policy,” he said in a tweet. The Crown Prince of the United Arab Emirates, Mohammed bin Zayed Al Nahyan, met with Mitsotakis. Nahyan said on Twitter that the UAE and Greece have entered into a partnership for political, economic and cultural cooperation. The sources say the clause has a clearly defensive orientation and is the optimal agreement between two countries that have no common borders and do not belong to common alliances.
Normally, the principle of equality deprives non-euro area Member States of the possibility of unilateral Euroisation, i.e. the EU considers circumvention of the convergence process to be incompatible with the EU Treaty and actively advises against it. In particular, the Treaty provides that compliance with these criteria must be assessed by the Community and agreed on appropriate exchange rates. This means that the ECB does not welcome unilateral euroisation, as such an introduction of the euro outside the Treaty process would run counter to the underlying economic reasoning of the European Monetary Union. The agreement also provides for the stationing of one country`s armed forces on the territory of the other country and the exchange of secret intelligence information. This provision serves to institutionalize the stationing of the armed forces of Greece, a MEMBER STATE of NATO and the EU, and the United Arab Emirates, a member country of the Gulf Cooperation Council, on their respective territories. It is worth noting that at the height of the Greco-Turkish crisis in August 2020, when the seismic vessel Oruc Reis conducted surveys in marine areas that are part of the Greek continental shelf, the UAE moved four F-16s to the Greek island of Crete, where they were stationed for two weeks and participated in joint air exercises with the Greek Air Force. In this context, the agreement contains a mutual defence clause or a mutual military assistance clause, which corresponds to a common defence doctrine, since it provides that in the event of a threat or attack against one of the two countries, both undertake to contribute to the defence of the other in order to ensure their sovereignty and territorial independence.
The Joint Foreign and Defence Policy Cooperation Agreement between Greece and the United Arab Emirates (UAE) is an important milestone for bilateral relations and for the entire region. It was signed during the official visit of the Greek Prime Minister to the United Arab Emirates on 18 November 2020. The agreement seals the two countries` determination to strengthen their strategic defence partnership to promote cooperation and jointly address common challenges and threats. Under the terms of the agreement, the UAE`s technical staff will be trained by the Hellenic Aerospace Industry (EAV). The mutual assistance clause in defence matters, which will be activated in the event that the territorial integrity of either country is threatened, is probably the most important part of the defence and foreign policy cooperation agreement that Greece and the United Arab Emirates (UAE) signed last week, according to sources with inside information. Especially when it comes to Greece, Athens has the right to defend itself, especially taking into account Turkey`s timeless provocations and military escalations, which are manifested in: (a) the creation of the Aegean army in the 70s with an offensive attitude, (b) the invasion and occupation of part of Cyprus, (c) Turkey`s repeated violations of Greek territorial waters and airspace, estimated at only about 7,000 for 2019, and (d) the casus belli proclaimed by the Turkish parliament in the event that Greece extends its territorial waters up to 12 nautical miles. De-escalation of Sino-Indian border situation in Ladakh is far from in sight Tensions between Ankara and Athens rose in August after Greece denied Turkey`s energy exploration in the eastern Mediterranean as it tried to box in Turkish maritime territory on small islands near the Turkish coast. The many crises unleashed by Turkey throughout the region have given Greece and the UAE the opportunity to showcase their vast network of regional alliances. .