site.btaBulgaria to Support Saudi Arabia Bid to Host EXPO 2030
At its regular meeting Wednesday, the Council of Ministers adopted a decision to support the application of the Kingdom of Saudi Arabia to host the World Expo 2030. Saudi Arabia’s bid to host the event was presented by Saudi Minister of Economy and Planning Faisal bin Fadel Alibrahim during his visit to Bulgaria, the Government information service said.
Bulgaria takes into account the existing relations with Saudi Arabia and perceives the latter as a strategic partner in the Middle East. Bulgaria's support and future participation in the 2030 World Expo are expected to promote further cultural and economic ties and boost bilateral relations in all areas of mutual interest.
The dynamic development of the Kingdom of Saudi Arabia, the wide application of new technologies, together with the preservation of traditions and the country's commitment to combating climate change are among the advantages of Saudi candidacy. Support for Riyadh for hosting Expo 2030 is expected to make a significant contribution to trade and economic relations, increasing bilateral trade and investment between the two countries.