Medieval Tarnovgrad Comes Alive: Tsarevets Fortress Hosts Reenactments and Ancient Tales
For the tenth time, the Tsarevets Fortress in Bulgaria's old capital, Veliko Tarnovo, will host a medieval spectacle
Bulgarian-Korean Trade Tripled in 3 Years - Ambassador
- Tweet
Send to Kindle
South Korean Ambassador Chun Bi-ho gave a guest lecture at Veliko Tarnovo University. Photo by Darik Veliko Tarnovo
The trade between Bulgaria and South Korea increase by 300% in the last three years, according to data cited by South Korean Ambassador in Sofia Chun Bi-ho.
His Excellency spoke in the Central Bulgarian city of Veliko Tarnovo on Friday, as cited by Darik Radio, as a guest lecturer at Veliko Tarnovo University St. Cyril and St. Methodius.
He emphasized that Bulgaria has a positive trading balance with South Korea largely as a result of the Free Trade Agreement between South Korea and the EU that entered into force on July 1, 2011.
Ambassador Chun noted that Bulgaria exports to Korea mostly scrap metal, chemical products, electronic chips, and clothing.
According to the Bulgarian national statistics, South Korea is the second largest East Asian investor in the Bulgarian economy.
"We believe that the FTA will lead to a great boost [of trade] and will expand our economic relations," His Excellency noted.
In addition to giving a lecture at Veliko Tarnovo University, in Veliko Tarnovo Ambassador Chun opened a photo exhibit on Korea, and is going to participate in a Korean Culture Night at a local venue.
Related Articles:
Bulgarian-French Economic Partnership Strengthens, Trade to Surpass €2.6 Billion
Bulgaria’s economic ties with France have shown significant positive progress in recent years, as trade between the two countries is expected to exceed 2.616 billion euros by 2024
Politics | April 23, 2025, Wednesday // 13:31
The Global Trade War Does Not Yet Impact Bulgarian Tourism
Despite the global escalation of the trade war, there have been no significant negative trends in Bulgaria’s tourism sector so far
From Today: 10% Baseline Tariff Takes Effect as Trump Reshapes Global Trade
President Donald Trump’s 10% universal tariff on imports from all countries officially came into force on Saturday
World | April 5, 2025, Saturday // 10:39
Bulgarian-Turkish Trade Reaches New Heights, Eyes €10 Billion Milestone
Bilateral trade between Bulgaria and Turkey reached a record high in 2024, totaling 7.7 billion euros, marking a 15.6% increase compared to the previous year
Investigation Underway After 9-Year-Old Child Dies at School in Veliko Tarnovo
A 9-year-old girl has died at a school in Veliko Tarnovo, and an investigation is underway to determine the cause of death
Turkey’s Counter-Disinformation Center Debunks Misinformation Amid Iran-Israel Conflict
The Embassy of Turkey in Bulgaria reports a recent piece of misinformation circulating on social media. It also takes the chance to introduce the Center for Countering Disinformation
Austria Backs Bulgaria’s Eurozone Bid, PM Zhelyazkov Says
Bulgaria has received full support from Austria regarding its accession to the eurozone, Prime Minister Rosen Zhelyazkov announced following his meeting with Federal Chancellor Christian Stocker in Vienna.
Turkish President Recep Tayyip Erdogan Condemns Israel’s Attacks on Iran, Calling for International Action
Turkish President Recep Tayyip Erdogan condemns Israel’s attacks on Iran, calling for international action:
Bulgaria and Uzbekistan Strengthen Ties as Key Links in Europe-Asia Transport Corridor
Bulgaria and Uzbekistan are key players in linking Europe and Asia via the Transcaspian Transport Corridor
Bulgaria's Foreign Ministry Condemns Vandalism of National Monuments in North Macedonia
On May 16, the Bulgarian Ministry of Foreign Affairs summoned the Extraordinary and Plenipotentiary Ambassador of North Macedonia, Ms. Agneza Rusi Popovska
Turkey Proposes Hosting Russia–Ukraine Peace Talks Amid Renewed Diplomatic Push
Turkish President Recep Tayyip Erdogan has expressed readiness to host delegations from Russia and Ukraine for high-level peace talks in Istanbul.
