NEWS

 

Bulgaria is striving to further deepen the economic and investment partnership with Canada. The increase in bilateral trade, despite the consequences of the pandemic, is a positive sign in this regard, declared the Head of State Mr. Rumen Radev at a meeting with the Ambassador of Canada Ms. Annick Goulet. In 2021, Bulgaria and Canada celebrate 55 years of the establishment of bilateral diplomatic relations and the shared will of both states for comprehensively developing a friendly dialogue and mutually beneficial cooperation in various fields was expressed during the meeting. 

 

Bulgaria’s ambitions are to attract investors in fields of high added value, especially in information technology and digitalisation of which there are already successful examples in bilateral cooperation with Canada, the President pointed out. Mr. Rumen Radev further added that Bulgaria is increasingly being considered the IT “capital” in Southeast Europe, as well as in terms of start-ups.

 

Our country’s accession to the Organisation for Economic Cooperation and Development will be additional motivation for promoting economic trade with Canada, and Bulgaria expects to commence accession talks as soon as possible, the President noted during the meeting.

 

The steps undertaken so far in strengthening rule of law in Bulgaria, the creation of a predictable business environment and achieving sustainability in these processes were also among the topics discussed during the meeting. 

 

Bulgaria is increasingly visible on the German investment map and ever more attractive to German companies, many of which reinvest their profits and export research and development centres to our country. This was stated by President Rumen Radev during a meeting in Sofia with the leadership of the Federal Association for Economic Development and Foreign Trade (BWA).

The Bulgarian head of state emphasised the importance of global efforts to counter terrorism, while expressing concern about the escalation of tension in the Middle East following the Israeli air strike on the Qatari capital, Doha. Hundreds of our compatriots live and work in the Qatari capital.

Connectivity between the countries in Southeast Europe is important not only for their economic development, but is also a factor in NATO's collective security in the region, the president emphasises during a meeting with NATO's Deputy Secretary General

President Rumen Radev holds a meeting in Berlin with his counterpart, the President of the Federal Republic of Germany, Frank-Walter Steinmeier