President Rumen Radev Pointed Who is The Main Investor in Bulgaria

Politics » BULGARIA IN EU | May 3, 2018, Thursday // 15:29
Bulgaria: President Rumen Radev Pointed Who is The Main Investor in Bulgaria

The trade with Austria amounts to 1.2 billion euros, which makes Austria a leading foreign investor in Bulgaria. This is what President Rumen Radev said during a press conference after meeting the Austrian President, Alexander van der Belen, ''FOCUS'' News Agency reported.

"For the last 7 months, this is our third meeting, which is a testimony to the increased interest and willingness of both sides to deepen and develop their relations based on friendship and mutual trust. As a result, our turnover amounts to 1.2 billion euros, and Austria is the leading foreign investor in Bulgaria. We accept these facts as a solid basis for even more successful economic cooperation, as proof of this is the business forum that is being held today and focuses on transport infrastructure - and it is extremely important for our connectivity, "Radev also said. , that the Austrian President's visit was the culmination of visits to Merkel's European agenda.

"Our countries interact and cooperate extremely intensively within the trio as EU rotating presidents. We discussed the common security and defense policy, the European Defense Fund, as well as new mechanisms for increased security. We also talked about the challenges of the migration crisis, the need to reform the Common European Asylum System, the prospect of Cohesion Policy after 2020, the Danube Strategy and the perspective of the Danube Region - we agreed on the fact that the strategy should find its resurgence, because it is important not only for the countries of this region, but also for Bulgaria as the least developed regions are here. It is our national priority to look for mechanisms for their development, "the president said, pointing out that the Western Balkans remain a top priority.

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