President Radev Invites Portuguese Businesses to Increase Investments in Bulgaria

January 31 (BTA) - Increasing commercial exchange
between Bulgaria and Portugal is a shared goal for institutions
in both countries which in addition to trade can be achieved
through boosting mutual investments, setting up joint ventures
and joint production for third countries, said Bulgarian
President Rumen Radev. On Thursday he held a working meeting
with Portuguese business representatives who plan to invest or
expand their operations in Bulgaria.

With their traditions and experience in IT and communications,
energy, tourism and food production, Bulgarian companies can
partner Portuguese businesses in the implementation of new
projects, said Radev, quoted by his press secretariat.

Bulgaria and Portugal are not big markets but have potential to
join efforts in order to increase their exports to Europe and
other regions, the business representatives concurred. As
Bulgaria's main advantage they outlined quality specialists who
are getting harder to find because of the demographic crisis and

The meeting discussed the establishment of an e-platform for
exchange of information in order to boost investments and more
forums to present business opportunities.

Participating in the meeting were InvestBulgaria Agency
Executive Director Stamen Yanev, National Industrial Zones
Company Executive Director Antoaneta Bares, AICEP Portugal
Global Manager Antonio Silva, Bruno Bobone, President of the
Portuguese Chamber of Commerce and Industry, Kim Kreilgaard,
Manager of the Lisbon Office of the European Investment Bank,
managers of companies operating in tourism, energy,
communications, food production and packaging.

Rumen Radev is on a state visit to Portugal. Earlier in the day
he conferred with Assembly of the Republic President Eduardo
Ferro Rodrigues. RY/PP


Source: Lisbon