NEWS

Bulgaria and Turkey will Deepen their Cooperation in the Areas of Information and Financial Technologies and Economy

2020-01-31 17:28:00

The meeting between Head of State Rumen Radev and the Foreign Minister of the Republic of Turkey Mevlut Cavusoglu, who is visiting Sofia, held at 2 Dondukov street, focused on the prospects for promoting the trade and investment exchange between Bulgaria and Turkey and the bilateral partnership in the areas of information technologies, defense and financial technologies.

The Bulgarian President and the Turkish Foreign Minister highlighted the positive trend in the business contacts between the two countries, which can be promoted by a follow-up expansion of the transport cohesion and by increasing the capacity of the border check-points.  Bilateral trade has achieved a growth of 10 percent over the past year alone. In the President’s words, this is an excellent basis for moving on to a new stage in the relations between the two countries – not only trade exchange, but also a stronger investment cooperation, joint production in the information and financial technologies and in defense and joint export to third markets.

The two countries share not only common interests and positions, but also face common challenges such as the migratory pressure and preserving security in the region, Rumen Radev further said. “We highly appreciate Turkey’s efforts for observing the joint statement made by Turkey and the EU in 2016 for fighting illegal migration,” the Head of State said. In his words, the good cooperation between Bulgaria and Turkey in the areas of migration, fighting terrorism and smuggling is of key importance for the security and stability in the whole of Europe.

At the meeting the good cooperation in the energy area was further noted, which opens up new opportunities for the diversification of the energy supplies throughout Europe.

The two shared the opinion that the good-neighborly relations between Bulgaria and Turkey are supported by an active political dialogue at all levels – presidential institutions, governments, parliaments and local authorities. “We have very clear principles in this policy – good neighborly relations, mutual respect and non-interference in domestic affairs,” the Bulgarian Head of State further said at the meeting.

MORE FROM NEWS

Head of State: The Cyrillic Alphabet and Bulgarian Culture Must Be Made Available to the Whole World

26 March 2026 | 14:02
The life of the Cyrillic alphabet continues in the digital age, as long as we are its guardians, the head of state pointed out at the closing session of the third International Cyrillic Forum

The President: We Need More Spirituality in the Digital Age We Live in

25 March 2026 | 21:09
President Iliana Iotova welcomed the guests at the concert of the Svetoglas Quartet, which took place at the Museum of Christian Art, located in the crypt of the Alexander Nevsky Cathedral

President Iliana Iotova: The Cyrillic Alphabet, Born in Bulgaria, Undoubtedly Has its Future in the Digital Age

25 March 2026 | 12:12
Our mission is to make the voice of ancient Slavic culture, Bulgarian studies and the Bulgarian language heard louder in the world, says the head of state at the International Forum on the Cyrillic Alphabet "Spiritual Heritage in the Digital Age", organized on her initiative

Head of State Honoured the Ambassador of the Republic of Argentina to Bulgaria with the Order of the Madara Horseman, First Class

9 March 2026 | 16:04
In her greeting, the head of state highlighted the professional experience and fruitful work of Ambassador Meyer in Bulgaria, and in her words, his efforts have encouraged cultural and educational ties between the two peoples

ОТКРИТО УПРАВЛЕНИЕ

e-ДОКУМЕНТИ

BULGARIAN CHRISTMAS

SUPPORT A DREAM

JOHN ATANASOFF AWARD

CONSULTATIVE COUNCIL FOR NATIONAL SECURITY


Useful links