A meeting was held at InvestBulgaria Agency between the Agency’s leadership and Her Excellency Ms. Tsovinar Hambardzumyan, Ambassador of the Republic of Armenia to Bulgaria. Representing the Agency were Mr. Angel Ivanov, Acting Executive Director, and Mr. Yulian Balchev, Secretary General.

During the meeting, the participants discussed opportunities to expand economic cooperation between Bulgaria and Armenia, as well as potential areas for the development of bilateral investment relations. The two sides exchanged information on the investment climate and priority sectors for development in both countries.

H.E. Ms. Tsovinar Hambardzumyan emphasized that Armenia offers a favorable and secure environment for investment, highlighting the country’s high level of security and stability, as well as the efforts of Armenian institutions to promote foreign investment.

On behalf of InvestBulgaria Agency, readiness was expressed to maintain an active dialogue and further develop cooperation with Armenian institutions in order to encourage investment contacts and the exchange of business initiatives between the two countries.

Both sides agreed that strengthening bilateral cooperation and enhancing the exchange of information between institutions can contribute to the realization of new investment opportunities and business partnerships.