Expansion of trade and economic cooperation between the Republic of Bulgaria and the Republic of Korea. This was discussed by the Deputy Minister of Economy and Industry Dimitar Danchev and the Ambassador of the Republic of Korea to Bulgaria H. E. Mr. Lee Ho-shik during a meeting at the ministry today.
‘The Republic of Korea is a significant economic partner for the country and our efforts are aimed at promoting bilateral cooperation and strengthening economic ties between us,’ Deputy Minister Danchev said. He added that there is a great potential for intensifying bilateral investment cooperation and presented the vision of the Ministry and the National Company Industrial Zones PLC for the development of industrial parks and the conditions they provide to investors. ‘In the first ten months of 2022, the trade between the two countries amounted to nearly USD 285 million, of which Bulgarian exports amounted to over USD 111 million,’ Dimitar Danchev further said.
The Head of the Office of Trade and Economic Affairs at our Embassy in Seoul, Iliya Dekov, also participated in the meeting.