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Bulgaria and Portugal will Look for Opportunities to Strengthen Economic Cooperation

Bulgaria and Portugal will Look for Opportunities to Strengthen Economic Cooperation

The Minister of Economy and Industry Bogdan Bogdanov and the Ambassador of Portugal to Bulgaria H.E. Ms Ana Maria Ribeiro Da Silva discussed the opportunities for cooperation between the two countries. Interest was expressed for partnerships in the high-tech, information and communication sectors.

Minister Bogdanov presented Bulgaria as a good place for investment intentions and business development. According to him, since the beginning of the year our country has had a positive trend of foreign direct investments, as they have been growing for the past year. Minister Bogdanov stated the government’s strong support for business and stressed that it is actively working to stimulate investment.

During the meeting between Minister Bogdanov and H.E. Ms Ana Maria Ribeiro Da Silva, the opportunities and conditions for achieving a wider presence of Portuguese companies in Bulgaria were discussed. The two sides agreed on the need for dynamic development of economic relations between the countries through joint organisation of economic and trade forums.

The Ambassador of Portugal to Bulgaria H.E. Ms Ana Maria Ribeiro Da Silva expressed her support for Bulgaria and its entry into Schengen. According to Minister Bogdanov, this is a key priority for the country, which will contribute to improving the business environment.

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