WORLD HISTORY

Detailed explanation-1: -Modern diplomatic relations between the two countries were established after Greece gained its independence in 1830, and are today regarded as cordial. Both countries are members and partners in several international organizations such as UN, IMF, OSCE, and the Union for the Mediterranean.

Detailed explanation-2: -The first major trade partners were the cultures of southern Italy and Sicily, which are right next to Greece and had very close cultural and economic ties to several Greek city-states. From there, the Greeks expanded and started trading with the people in Egypt, Carthage, Ethiopia, and the Arabian Peninsula.

Detailed explanation-3: -Trade. Greece’s main exports were olive oil, wine, pottery, and metalwork. Imports included grains and pork from Sicily, Arabia, Egypt, Ancient Carthage, and the Bosporan Kingdom.

Detailed explanation-4: -As the number of colonies grew, trade became increasingly important for the economy of ancient Greece. Raw materials were produced in the colonies, and traded back to the larger cities on the mainland to be made into finished products. Trade also existed between the Greeks, Near Eastern cities and Egypt.