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

Business relations with China are unbalanced, according to the Bulgarian Industrial Association

Photo: BGNES

The leadership of the Bulgarian Industrial Association have met with the new Bulgarian ambassador in Beijing, Andrey Tehov. Chair of the association, Dobri Mitrev, informed the diplomat that entrepreneurs trading with China consider bilateral business relations to be unbalanced due to objective political reasons.

The country's performance in the Chinese market could be improved and Bulgaria's presence at major trade fairs in China should be completely reconsidered, according to the association. It is important for Bulgarian companies to enter sectors such as green energy, electric vehicles, specific foods. However, the companies that tried to enter the Chinese market are pressured by the Chinese counterparties to reveal their trade secrets.




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

The project for the construction of Sofia Airport Terminal 3 has been presented

The investment in Sofia Airport's Terminal 3 will set new standards for the industry and travel in Eastern Europe, reports BTA, quoting Jesus Caballero, CEO of Sofia Airport operator.  Speaking at the presentation of the future Terminal 3,..

published on 9/10/24 12:56 PM

Bulgaria takes on new debt of 3 billion euros and 1.5 billion dollars

Bulgaria has taken on new foreign debt of 3 billion euro and 1.5 billion US dollars, the Finance Ministry has announced. The triple tranche of Bulgarian bonds has sparked great interest among investors, allowing the country to secure extremely..

published on 8/29/24 6:30 PM
Krassen Stanchev

Despite the political crisis in the country, the economy is developing steadily, Krassen Stanchev says

The political crisis is not affecting the economy in the short term – within 1-2 years , says Assoc. Prof. Krassen Stanchev from the Institute for Market Economics. “The political crisis is affecting those who are highly regulated – mostly big..

published on 8/22/24 11:22 AM