NEWS

Rumen Radev and Sergio Mattarella: Investments and Trade of EUR 7 billion Are an Indicator of the Excellent Political Dialogue and Pragmatic Cooperation between Bulgaria and Italy

2023-10-07 09:13:00

The excellent political dialogue and the pragmatic bilateral cooperation between Bulgaria and Italy have real measures in the field of investments and bilateral trade, which reached EUR 7 billion last year. This was the common position of the Presidents of Bulgaria and Italy Rumen Radev and Sergio Mattarella, who held talks in Porto on the sidelines of the Arraiolos summit.
 
The two noted that there are all the prerequisites and significant potential for even more active economic cooperation and development of joint projects between Bulgarian and Italian businesses in various fields. President Mattarella reaffirmed Italy's strong support for Bulgaria's accession to Schengen, including in terms of further promoting tourism and communication between the citizens of the two countries. For his part, President Radev expressed satisfaction with Italy's commitment to the work on the Transport Corridor 8 project, which is of strategic importance for regional connectivity.

Rumen Radev highly appreciated the partnership of Bulgaria and Italy in the development of the air ambulance system in Bulgaria. The first delivery of specialised helicopters from Italy will be made in the coming months. The Bulgarian society is looking forward to the implementation of this project, which opens favourable opportunities for further expansion of the partnership in the aviation industry, Rumen Radev further noted.
 
The bilateral cooperation in the defence sector, the modernisation process of the Bulgarian army, the holding of joint military exercises, as well as the excellent partnership between the Bulgarian and Italian servicemen in the NATO battle group in Bulgaria, in which Italy is a framework country, were also highlighted during the meeting.  
 
Another highlight was the deepening of cooperation in the field of culture, education and academic exchange.
 
Rumen Radev invited Sergio Mattarella to visit Bulgaria soon with a view to further developing the bilateral dialogue and the partnership relations between the two countries. In 2024, Bulgaria and Italy will celebrate 145 years of diplomatic relations.

MORE FROM NEWS

President Rumen Radev met with representatives of Czech company Aero Vodochody

16 July 2025 | 16:04
The meeting was also attended by H.E. Miroslav Toman, Ambassador of the Czech Republic to the Republic of Bulgaria

Radev: The Main Challenge Facing the Armed Forces Is How to Transform the Political Will and the Funds Received into Adequate Defence Capabilities in the Most Effective Way

16 July 2025 | 16:04
Head of State meets with the Chairman of the NATO Military Committee

At the Bulgarian Military Cemetery in Vukovar, President Radev Paid Tribute to Bulgarian Officers and Soldiers Who Perished in the Final Stage of World War II.

15 July 2025 | 15:03
The Bulgarian head of state thanks the Croatian state for its efforts to preserve the memory of the dead

President Radev and Our Compatriots in Croatia honour the work of Ivan Vazov at the Writer's Monument in Zagreb

14 July 2025 | 19:07
Bulgarians living in Croatia are an active part of the modern Croatian society, and they contribute to the better name and trust of Bulgaria. This is what President Rumen Radev told our compatriots in Zagreb. Today, as part of his official visit to Croatia, the Bulgarian Head of State, together with representatives of our community, honoured the work of Ivan Vazov in front of the bust-monument of the patriarch of Bulgarian literature, which is located on the Alley of Poets in Bundek Park.

ОТКРИТО УПРАВЛЕНИЕ

e-ДОКУМЕНТИ

BULGARIAN CHRISTMAS

SUPPORT A DREAM

JOHN ATANASOFF AWARD

CONSULTATIVE COUNCIL FOR NATIONAL SECURITY


Useful links