The opportunities for increasing Bulgarian exports to Israel were discussed during a meeting between the Minister of Economy and Industry Dr. Petko Nikolov and the Ambassador Extraordinary and Plenipotentiary of Israel to Bulgaria Mr. Yosef Levi Sfari.
The two highlighted the excellent relations between the countries and discussed the possibilities for intensifying economic cooperation, stressing that there is great untapped potential for expanding trade.
Nikolov pointed out that Israel is a traditional economic partner of Bulgaria, but there is still room for improvement in bilateral relations.
In his words, an important step to intensify economic ties in various sectors would be the holding of the First Session of the Joint Economic Cooperation Commission. ‘This would constitute a good basis for discussing concrete steps and prospects for future bilateral trade relations’, Dr Nikolov said.
The two also discussed the promotion of Israeli investments in the field of innovation and high technologies in Bulgaria.
Israeli investors and companies operating in Bulgaria, especially in the high-tech sector, find engineers and experts of a very high level in our country, Ambassador Yosef Levi Sfari said.
The Minister of Economy and the Israeli Ambassador discussed the opportunities to work on strengthening the bilateral trade, especially the export of goods from Bulgaria. It also became clear at the meeting that Israeli companies have already expressed interest in importing construction materials, agricultural goods, food products, clothing, hygiene products, etc.