At a meeting with the ambassador of Japan to Bulgaria Hisashi Michigami, Bulgarian President Rumen Radev welcomed the interest by the Japanese side in the investment and trade potential of Bulgaria. The meeting was attended by proprietors and representatives of leading Japanese companies operating in the sphere of transport, construction, the food industry, IT, cinema, tourism, culture and art, as well as local self-government in the country, the presidential press service has announced.
During the first 6 months of 2024, trade between Bulgaria and Japan totaled USD 124.1 million, USD 37.9 million in exports and USD 86.2 million in imports from Japan. Integrated circuits and electronic microassemblies, as well as chemical products account for the growth in Bulgarian exports. Cars are top of the list in Japanese imports.
International rating agency Fitch Ratings has affirmed Bulgaria's long-term foreign and local currency credit rating at BBB with a positive outlook, the Finance Ministry said. The positive outlook reflects the country's prospects for eurozone..
In 2023, Bulgaria's GDP growth was 1.9% higher in real terms compared to 2022. This is 0.1 percent more than the initially announced growth of 1.8%, the National Statistical Institute has reported. The chairman of the institute,..
In Brussels, Bulgaria and North Macedonia reaffirmed their commitment to continue the construction of Railway Corridor No. 8 under the TEN-T Regulation, reported the European Commission’s Directorate General for Neighborhood Policy and Enlargement..
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