NEWS

Improving Connectivity between Bulgaria and Romania as a Factor for Promoting Economic Exchanges in the Region Was Discussed by President Rumen Radev and Acting President of Romania Ilie Bolojan

2025-04-29 15:40:00

President Rumen Radev discussed improving connectivity between Bulgaria and Romania as a factor promoting economic and investment exchange and tourism in the region with the Acting President of Romania Ilie Bolojan in Warsaw. The two held talks on the sidelines of the 10th Three Seas Initiative Summit. During the meeting, the Bulgarian Head of State stressed that Bulgaria and Romania are developing their relations based on good-neighbourliness and partnership, there is a positive trend in tourism, and bilateral trade exceeds EUR 7 billion annually. 

Radev highlighted the connectivity between Bulgaria and Romania across the Danube as a key challenge for the further deepening of economic ties between the two countries. He noted that the existing bridges at Vidin-Calafat and Ruse-Giurgiu are not sufficient in view of the ever-increasing transport traffic, the transfer of goods and the willingness of businesses in the region to implement joint projects. Building new supply chains to increase the stability of our region and compensate for the supply chains disrupted by Russia's war on Ukraine also requires joint action by the countries of South-East Europe and targeted financial support from the EU, the two presidents said.

The two also discussed the possibility of strengthening the bilateral partnership in energy and underlined the importance of the Vertical Gas Corridor for energy diversification in South-East Europe.

MORE FROM NEWS

President Radev: Improving Connectivity Is Key to Strengthening Security and Stability in the Black Sea Region

24 November 2025 | 19:07
Taking advantage of their geostrategic position, Bulgaria and Georgia have the potential to deepen their connectivity in various areas such as transport, energy, and the digital sector, which will contribute to promoting the economy, investment, and prosperity in the Black Sea region. This was stated by President Rumen Radev, who held a meeting with the Speaker of the Parliament of Georgia, Shalva Papuashvili.

Radev Discussed Europe's Prospects for Addressing the Challenges It Faces with Hungarian Foreign Minister

13 November 2025 | 14:02
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.

President Rumen Radev Imposes a Veto on the Amendments to the Act on the Administrative Regulation of Economic Activities Related to Oil and Petroleum Products

12 November 2025 | 14:02
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

President: Bulgaria and Lebanon Share a Common Aspiration to Activate the Dialogue between Institutions and Business Representatives

10 November 2025 | 18:06
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

ОТКРИТО УПРАВЛЕНИЕ

e-ДОКУМЕНТИ

BULGARIAN CHRISTMAS

SUPPORT A DREAM

JOHN ATANASOFF AWARD

CONSULTATIVE COUNCIL FOR NATIONAL SECURITY


Useful links