NEWS

Presidents Rumen Radev and Janos Ader Discussed the Quicker Tackling of the Social and Economic Consequences of the Coronavirus in Bulgaria and Hungary

The Presidents of Bulgaria and Hungary Rumen Radev and Janos Ader discussed in a telephone conversation the measures adopted to more quickly tackle the social and economic consequences of the coronavirus. The Bulgarian Head of State reiterated the invitation to his Hungarian counterpart to visit our country in the autumn of 2020, the time when Bulgaria and Hungary will together mark the 100th anniversary of the establishment of bilateral diplomatic relations.

President Radev highlighted the opportunity to deepen the bilateral partnership in science, applied research, including the development of respiratory apparatuses. Both Bulgaria and Hungary conduct successful research and can pool efforts in this direction. The Head of State emphasized our country’s ambition to move from the export of personal protective equipment to the production and export of high-tech products.

Bulgaria has interest in utilizing Hungary’s experience also in improving its policy on attracting investors in the areas of information and communication technologies, innovations and high added value productions, Rumen Radev further emphasized. In 2018 alone, about 100 big investment projects have been implemented in Hungary, worth the total amount of 4,3 billion euros, mainly in high added value and high tech level sectors, which promote the opening of highly-paid jobs. The development of these sectors is beneficial to the economic growth, which reaches 5 percent, and also to Hungary’s export, worth 105 billion euros in 2018.

During the conversation Rumen Radev thanked his Hungarian counterpart for Hungary’s consistent and principled policy towards the Bulgarian community in the country, which can set an example in Europe. Opinions were exchanged also on the two countries’ policy aimed at protecting the ties with the national communities abroad and preserving their national identity, mother tongue and culture.