President Radev: Bulgaria, Armenia Have Potential to Significantly Build on Bilateral Economic, Investment Cooperation


Feb 15 2024

Bulgarian President Rumen Radev and Armenian National Assembly President Alen Simonyan Thursday agreed that Bulgaria and Armenia have an excellent partnership, an active and constructive dialogue, and the potential to significantly build on bilateral economic and investment cooperation. The two held a meeting at the President's Office during  Simonyan's official visit to Bulgaria, the head of State's press service said.

During their talks, Radev highlighted Bulgaria's interest in further boosting trade and investment in Armenia and the importance of expanding transport, energy, and digital connectivity in the region. He stressed the importance of the Armenian-Bulgarian Chamber of Commerce and Economy, which provides additional tools for cooperation between the businesses of the two countries.

The sides also highlighted the centuries-old historical and cultural ties between Bulgarians and Armenians, which are a solid foundation for deepening cooperation in education through an increased exchange of students and researchers.

Radev pointed to the outstanding contribution of the large Armenian community in Bulgaria to the development of bilateral ties and its active participation in the social, economic, and cultural life in Bulgaria.

"Bulgaria will also continue to work to strengthen the European Union's partnership with Armenia," the President further noted. The sides also discussed topical issues related to the ways sought to achieve sustainable peace, security, and stability in the South Caucasus region.