Greece’s Ministry of National Economy and Finance secures parliamentary ratification of UAE double taxation agreement and IOM logistics centre memorandum

Greece’s Ministry of National Economy and Finance reported that Parliament approved two ministry bills ratifying an agreement with the United Arab Emirates to avoid double taxation and a memorandum of understanding with the International Organization for Migration (IOM) to establish a Supply Chain Management Centre in Thessaloniki. In Parliament, Deputy Minister of National Economy and Finance Georgios Kotsiras linked the UAE tax treaty to attracting investment, improving legal certainty in transactions, and limiting tax evasion and tax avoidance. The IOM memorandum provides for a Thessaloniki-based centre intended to increase procurement of humanitarian supplies from the Greek market, support job creation, and strengthen innovation and the logistics sector, and was signed on 15 July 2025 by Minister of National Economy and Finance Kyriakos Pierrakakis and IOM Deputy Director General for Management and Reform SungAh Lee.