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The BCCI and the commerce chamber of Pakistan's Gujrat have set out to cooperate. Photo by BCCI
Bulgaria’s Chamber of Commerce and Industry (BCCI) and its counterpart from Pakistan’s city of Gujrat have signed a cooperation agreement.
The agreement was signed at a business forum held Tuesday in Sofia by the presidents of the two chambers, Tsvetan Simeonov from the BCCI, and Muhammad Imtiaz Ahmed from the GCCI.
Pakistan’s Ambassador to Bulgaria, Mrs. Kasar Ahsan Igbal, was also part of the 17-member Pakistan delegation.
Yuliyan Balchev from the InvestBulgaria Agency presented to the Pakistani businessmen the opportunities for investments in Bulgaria.
Jalal Hassan from the Punjab Board of Investment and Trade has invited Bulgarian businesses to invest in the developing energy sector and infrastructure of Pakistan. The Pakistani delegation has pointed out that the investments in their country’s economy could be used as a base for access to the Chinese market.
The BCCI Chair Tsvetan Simeonov said he hoped to see a boost of Bulgaria’s trade relations with Pakistan over the coming years. He emphasized the unfortunate fact that the Pakistani delegation had to be downsized because Bulgaria applied certain clauses of the Schengen agreement.
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On Wednesday at around 3:44 PM, Pakistan carried out an airstrike on areas within District 4 of Kabul city, causing serious destruction to several residential homes
Pakistan’s Foreign Office announced on Wednesday that a temporary ceasefire has been agreed with Afghanistan for the next 48 hours, following several days of intense cross-border clashes
Tensions along the Afghanistan–Pakistan border have flared into some of the fiercest fighting in recent months, with heavy clashes spreading across multiple provinces
US President Donald Trump once again claimed that he brokered peace between India and Pakistan during the conflict in May, a statement that has been widely disputed. He made these remarks during an interview with Fox News
Pakistan’s Defence Minister Khawaja Asif has once again issued strong warnings against India, stating that “the chances of war with India are real” and stressing that he is “not denying that possibility”
The first month following the introduction of the euro and the period of dual circulation with the lev has now ended, providing a clearer picture of how the transition is unfolding.
The annual campaign for filing personal income tax returns under Article 50 of the Personal Income Tax Act is underway
Two-room dwellings make up the largest portion of newly built homes in Bulgaria, according to data for the fourth quarter of 2025.
The Bulgarian National Bank reported that as of February 6, 2026, the withdrawal of lev banknotes and coins and their replacement with euro cash is progressing in line with the applicable legislation and the operational plans approved for the transition.
In 2024, about 68% of households across the European Union were owner-occupied, a slight decline from 69% in 2023, according to Eurostat data. The remaining 32% of the EU population lived in rented homes, up from 31% the previous year.
Retail trade in Bulgaria continued its strong momentum at the end of 2025, standing out among European Union countries as one of the top performers, according to Eurostat data.
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