NEWS

 

The main factor for the security of all NATO Member States is unity, not only in shared political will, developing adequate defence capabilities and interoperability, but also in developing our defence industries and cutting-edge technologies, declared President Rumen Radev in a statement before the beginning of the NATO Summit held today in Brussels.

 

Mr. Rumen Radev emphasised that the adaptation of the Alliance in the increasingly challenging security environment will be discussed today at a high level and that the strategic document to be passed – NATO 2030 sets a high level of ambitions for developing the Alliance in the coming decade. “The projects we will discuss today are a pledge to maintain the technological advantage of the Alliance. Furthermore, they are of significant importance for the development of the defence industry in Bulgaria, of our scientific potential, of private initiative and of start-up ecosystems in Bulgaria,” the President added.

 

Mr. Rumen Radev mentioned the 2019 NATO Summit, where he raised the issue of the increasing division between manufacturing countries that develop their economies and social systems by manufacturing high-tech defence products, exporting them to customer-countries, which, in turn buying them, invest in the economic systems of developed countries and lag behind in their socio-economic development. It is satisfying to see initial projects leading to overcoming this technological gap between the Member States through increasing industrial cooperation and technology exchange for every major deal in NATO 2030, further added President Rumen Radev. 

 

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

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