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

E-commerce to boost Bulgarian-Chinese trade turnover

Photo: Ministry of Economy and Industry

Although bilateral trade reached nearly $4 billion last year, there are still untapped opportunities to further increase Bulgarian exports to China. This was made clear at a meeting between the Minister of Economy and Industry, Mr. Petko Nikolov, and the Chinese Ambassador in Sofia, Ms. Dai Qingli. 

With a view to increasing Bulgarian exports to China, the two officials discussed a draft memorandum of cooperation in the e-commerce sector. According to Minister Nikolov, the document will be discussed and coordinated with all relevant institutions, as Bulgaria, as a member of the EU, applies the Union's common trade policy, which includes e-commerce.

The meeting also focused on attracting Chinese investment in mechanical engineering, automotive, automotive parts, electronics and electrical engineering, information and communication technologies, agriculture, etc.



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