Prime Minister Boyko Borissov Met with South Korean President

Politics » DIPLOMACY | September 27, 2019, Friday // 07:50
Bulgaria: Prime Minister Boyko Borissov Met with South Korean President

The meeting took place at the Presidential Palace in the capital, Seoul. The Prime Minister invited the Korean President to Bulgaria and asked for his support for investments of Korean companies in Bulgaria.

This is the first visit of a current Bulgarian Prime Minister to the South Asian country. President  Moon-Jae-In emphasized that trade between the two countries is growing and has committed itself to advertising our country.

Borissov confirmed the Bulgarian position for diplomatic settlement of the situation on the Korean Peninsula and received congratulations on the election of Kristalina Georgieva as IMF chief.


During his three-day visit, the Prime Minister and his Bulgarian delegation, consisting of Deputy Prime Minister and Minister of Defense Krasimir Karakachanov, Finance Minister Vladislav Goranov, and Economy Minister Emil Karanikolov, met with South Korean Prime Minister  of South Korean business leaders. What has become clear is that Bulgaria will grant strategic investor status to South Korean companies.

Boyko Borissov has already offered Hyundai to build a Center for electric and autonomous cars in Bulgaria. A second Korean company can invest 1.5 billion euros in a battery factory for electric vehicles in our country.

The two countries also signed Memorandum of Understanding on Energy and Foreign Affairs.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Diplomacy » Be a reporter: Write and send your article
Tags: Moon-Jae-In, Boyko Borissov, investments, South Korea, Bulgaria

Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria