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“Bulgaria supports the need to revise the existing European legal framework for the consumer protection of tourism services, provided this does not lead to a lower level of protection.” This was stated by Minister of Economy Bojidar Loukarsky at the regular meeting of the Competitiveness Council held in Brussel to discuss the Presidency’s initiative to update the legal regulation regarding the package travel and the combinations of travel services arranged by an intermediary

We will be a good business partner and therefore we work towards simplifying and facilitating of the administrative services, maintaining of a favorable business environment and promoting of investments and innovation. This was stated by the Deputy Minister of Economy Daniela Vezieva at the opening of the First official business meeting of Bulgarian Investment Building Association /BIBA/ in Burgas

“Our efforts are directed to mainly support the Bulgarian companies to develop new markets and to participate into different projects as suppliers, contractors and subcontractors. Our priorities are the development and the opening to the foreign markets of the small and middle-size companies,” said the Deputy Minister of the economy Lyuben Petrov during the round table discussions on the topic “The international trade stimulation – factor for economical prosperity” hold in the frame of the Bulgarian economical forum.

From the beginning of the next year, “LB BULGARICUM” EAD will be offering some of their most recent products on Bulgarian market. After conversations held, as well as analysis of the development opportunities, completely innovative developments of the specialized scientific centre at the company, healthy lifestyle oriented, will be launched for production.

A factory for packaging of liquid bitumen was opened in India by the Bulgarian-Indian joint venture “Prime Star Petroleum and Infrastructure”. It is situated near the town of Bivandi, 25 km away from Mumbay. The factory will be operating as a Sub-contractor of Indian state oil giant company called “Hindustan Petroleum Corporation Ltd.”, after winning a tender for the project implementation related to “design, construction and operation”.

“All goods not meeting the established parameters of certifying in compliance with the European and Bulgarian legislation shall be considered dangerous. This includes even goods that do not have written instructions for usage and safety on them. That is why we are going to do the regular inspections more frequent in order to ensure safety and health for each of us and for our children”.

The work meeting held today with the Minister of Economy Bozhidar Loukarsky at “VMZ” AD, town of Sopot, resulted in finalizing of negotiations about signing an agreement on repayment of the principal obligations of “VMZ” duties to Sopot Municipality amounting to 2,684 million BGN within 6 months.

“The participation of Bulgarian enterprises in transatlantic trade will create opportunities for sustainable economic growth, and this is a priority for Bulgaria”. This was stated by the Minister of Economy Bozhidar Loukarsky at the conference on “Transatlantic partnership for trade and investments: prospects for small and medium-sized enterprises” held earlier today and organized by the American Chamber of Commerce in Bulgaria as well as by Konfindustria Bulgaria.

“With regard to the Transatlantic Trade and Investment Partnership (TTIP) between the European Union and the United States Bulgaria has officially stated its position that visa regime for Bulgarian citizens traveling to the United States should be considered whilst negotiating”. That was said by the Minister of Economy Bojidar Loukarsy at a press conference held today. He recalled that TTIP was among the main issues being discussed at the Council for Foreign Trade held in Brussels last week. The ministers took a decision to further negotiate under the agreement, which will encourage the investment and the trade and economic relations in the community.

“The establishment of prerequisites and conditions for the resurgence of Bulgarian industry requires formulating the long-term priorities. That is to try to identify specific priorities, thus guaranteeing a targeted and an effective strategy”. That was stated by Deputy Minister of Economy Daniela Vezieva at roundtable on “Revival of the industry in Bulgaria” organized earlier today by the Independent Trade Unions’ Congress of Bulgaria.