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 two were unanimous that restoring peace in Europe through diplomacy is a priority for the EU and the only way to ensure the long-term security and stability of the Old Continent.

The President recalls that the institution of the Special Commercial Administrator (SCA) was introduced by an Act adopted in 2023, which also established a number of safeguards against potential abuse and arbitrariness — safeguards of the kind already adopted in other European states faced with similar circumstances, with the objective of minimising the risk of subsequent financial claims against the State

Bulgaria stands in solidarity with Lebanon's efforts to support peace, security and stabilisation of the Middle East, which are also of utmost importance to the EU, Radev says after a meeting in Sofia with his Lebanese counterpart

The head of state awardS the Presidential Badge of Honour to the then British Ambassador to Libya