The Bulgarian side is planning to re-establish the work of the Trade and Economic Affairs Office in Argentina. This became clear during a meeting between the Minister of Economy and Industry Nikola Stoyanov and the Ambassador of the Republic of Argentina in Bulgaria H.E. Alfredo Nestor Atanasoff.
‘Bulgaria has not had a trade representative in the country for more than 3 years, while the two countries have significant potential for economic cooperation,’ Nikola Stoyanov said. In his words, for the first eleven months of 2022, the country’s exports to Argentina grew by over 66% compared to the same period in 2021. Trade between the two countries for the period amounted to USD 40.2 million. ‘The re-establishment of the Trade and Economic Affairs Office will provide new opportunities for more intensive contacts with the business community at local level and the launch of concrete projects,’ Nikola Stoyanov further said.
N.E. Alfredo Nestor Atanasoff noted that Argentina plans to create an economic hub in Bulgaria. The country has already started concrete talks with several companies and its aim is to give Argentine businesses access to the countries of Europe and the Balkans. According to him, Bulgaria has the potential to become one of the strong partners of the South American country in Europe. He stressed that Argentina is very interested in deepening economic ties in all areas of mutual interest, some of them being the mining industry and agriculture.
The meeting was attended by the Deputy Minister of Economy and Industry Dimitar Danchev.