NEWS

President Rumen Radev held a telephone call today with US Deputy Assistant Secretary of State Matthew Boyce. Matthew Boyce voiced the support of the United States for Bulgaria’s hosting the Three Seas Presidential Initiative in 2021, the goal of which is to promote the transport, energy and digital connectivity in Eastern Europe.

 

The two shared the stance that attracting all participating countries to the Three Seas Investment Fund will be essential to introducing more pragmatism in the format for regional cooperation. The United States is expected to support the Fund by making a donation of one billion dollars. The Head of State highlighted the importance of the business as well, and also of the international financial institutions which can show interest in implementing joint projects. 

 

Expanding the geographical scope of the Initiative and attracting partners such as Greece and Cyprus in implementing the joint projects was also among the topics discussed. 

 

The Head of State participates in the World Urban Forum Summit

The plant for the utilisation of used industrial and motor oils and the production of base oils of the first and second groups is the only implemented industrial project approved by Azerbaijani President Ilham Aliyev during his visit to Bulgaria in 2023. This is also the first investment of such a scale in this area in Azerbaijan.

President Aliyev congratulated Bulgaria on achieving political stability after the elections and having a regular government

The meeting was hosted by Austrian Ambassador Andrea Ikic-Bohm and Slovenian Ambassador Natasha Bergel