Send to Kindle
Ivo Marinov, Bulgaria's Deputy Minister of Economy, Energy and Tourism. File photo by novini.bg
Bulgaria's exports to China increased by 61% year on year in 2011, according to Ivo Marinov, Bulgaria's Deputy Minister of Economy, Energy and Tourism.
The two countries'total trade turnover stood at USD 1.346 B in 2011, with Bulgaria's exports reaching USD 403 M.
The trade turnover between Bulgaria and Chine grew by 55% in the first five months of 2012, reaching approximately USD 800 M.
Bulgaria views Chinese investments as increasingly important, Marinov declared on Friday.
Addressing representatives of Chinese companies, he pointed out that the Balkan country has EU's lowest taxes and has been working towards reducing the administrative burden for the business.
A memorandum of understanding on economic cooperation was signed between the Bulgarian Economic Ministry and the Department of Foreign Trade and Economic Cooperation of Guangdong Province.
Later on Friday, the Chinese business delegation will meet with representatives of the Invest Bulgaria Agency, the National Company Industrial Zones and the Executive Agency for Promotion of Small and Medium-sized Enterprises.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Amidst growing discontent among taxi operators across Bulgaria, drivers in major cities like Burgas, Varna, and now Plovdiv are demanding a substantial hike in fares to cope with rising operational costs
In a testament to enduring friendship, this year marks the 75th anniversary of the establishment of diplomatic relations between Bulgaria and China
The National Statistical Institute's latest report unveils a marginal annual increase in the income of Bulgarians in 2023 compared to their expenses, marking a reversal of the trend observed in 2022
China emphasized today the necessity for extensive groundwork before the Ukraine peace conference, slated to be held in Switzerland
China's economy experienced robust growth in the first quarter of 2024, defying market expectations and signaling resilience amid challenges in the property market
China's economy experienced robust growth in the first quarter of 2024, defying market expectations and signaling resilience amid challenges in the property market
In a concerning revelation, the ad hoc committee investigating the activities of Gleb Myshin uncovered that over the past three to four years, a staggering 343 candidates from the Russian Federation seeking Bulgarian citizenship were discovered to have su
As the summer season draws near, the issue of staffing in the tourism sector in Bulgaria comes to the forefront once again, with the workforce having to depend on individuals from foreign countries for yet another year
According to recent data from the Confederation of Independent Trade Unions of Bulgaria (CITUB), the financial strain on Bulgarian households continues to intensify
Deputy Minister of Transport and Communications, Anna Natova, announced the commencement of construction for an outdoor parking lot at Terminal 2 of Sofia Airport
The Nuclear Regulatory Agency (NRA) has greenlit the phased transition to a new type of nuclear fuel for Unit 5 of Kozloduy Nuclear Power Plant (NPP), manufactured by Westinghouse
Experts suggest that Bulgaria's admission to the Eurozone is more realistic in January 2026
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
