Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Highlight of the week: summit dialogue with Qatar continues

Photo: www.president.bg

Bulgaria, and more specifically Bulgaria’s economy is in dire need of investments – domestic, but most of all foreign investments. This is no secret, on the contrary, this need is made public at each and every political and diplomatic level inside and outside the country. “Bulgaria’s foreign policy is growing more and more active and by opening up to Europe but also to dynamic economies such as Qatar we shall be seeking more pragmatism and better results for Bulgaria’s trade,” said President Rossen Plevneliev at a meeting with the Bulgarian community in the State of Qatar. At the beginning of the week the Bulgarian head of state paid an official visit there at the invitation of the Emir of Qatar Sheikh Tamim bin Hamad bin Khalifa Al Thani. “Our efforts to expand our ties with Qatar are facilitated by the clear political signal that they wish to cooperate, work and produce together with us,” Rossen Plevneliev said. As clear as it can get. And more specifically during their meeting, President Plevneliev and the Emir of Qatar Sheikh Al Thani stated a shared position on the priority sectors in which economic cooperation should focus. The two countries will lay an emphasis on the production of foodstuffs, power generation, high-tech, construction and trade and joint projects of mutual interest. Qatar for example could become the first natural gas exporting country to take part in the implementation of the North-South gas corridor, a project Romania, Bulgaria, Greece, Poland, Hungary, the Czech Republic and Slovakia have so far stated they are ready to take part in. Investment opportunities in the sphere of high-tech in this country were also presented at the meeting. President Plevneliev stated this was one of the most dynamically developing sectors in Bulgaria with a sustained annual growth rate and over 25,000 working in the branch. While Bulgarian companies are welcome in Qatar which is opening up to the whole world and is currently implementing large-scale infrastructure projects which are changing the face of the country. The visits by President Plevneliev and by Foreign Ministrer Vigenin in February are a crucial step in making Bulgaria an important partner to the wealthy Arab state.

English version: Milena Daynova 




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Financial Supervision Commission: The assets of private pension funds have reached EUR 13 billion

The assets of private pension funds have reached EUR 13 billion. According to data from the Financial Supervision Commission, they have increased by more than 20% compared to the same period last year.  As of September 30, 2024, the number of..

published on 11/21/24 5:30 PM

Bulgarian economy registers upsurge, yet unevenly distributed over different regions

There has been an upsurge in the economy in every region of Bulgaria, the effects of the Covid crisis have been overcome, tourism has fully recovered, which is evident in Bulgarian seaside regions and spa resorts - this is the conclusion that is drawn..

published on 11/19/24 11:51 AM

More than EUR 1 billion to be allocated for agriculture and the development of local economies

More than EUR 1 billion will be invested in agriculture and rural areas in Bulgaria in 2025. According to a decision by the Monitoring Committee of the Strategic Plan for Agricultural Development, the funds are aimed at modernizing agriculture and..

published on 11/17/24 10:07 AM