Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

US Ambassador Mustafa: Bulgaria needs investment, innovation and integration

US Ambassador Herro Mustafa
Photo: BGNES

Despite the pandemic and the decline in 2020 by 11 percent in trade between Bulgaria and the United States, in 2021 it has seen an increase by 25%. The United States has invested $ 2.5 billion in Bulgaria and created 30,000 jobs, US Ambassador to Sofia Herro Mustafa said at a business breakfast.

She stressed that in order for Bulgaria to attract foreign investment, the state must invest in good governance. 

"The rule of law is a problem. Labour legislation is quite outdated. The regulatory environment has poor law enforcement, conditions for corruption are being created," the diplomat stressed.

Key to Bulgaria's future are investments in diversifying the energy mix and choosing Western solutions for co-operation in nuclear energy, Mustafa said.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Sub-zero morning temperatures expected on Monday

On Monday, the minimum temperatures will be between minus 9 and minus 4°C, in Sofia - around minus 8°C . During the day it will be mostly sunny, with scattered medium and high cloudiness over Western Bulgaria. Before noon over the eastern regions the..

published on 2/9/25 6:05 PM
Serbian community in Sofia supports the student protests in their homeland.

Serbian community in Sofia shows support for student protests in their homeland

Citizens of Serbia gathered on February 9 for a 15-minute silent protest under the slogan “Sofia supports the students” in front of the Serbian embassy in the Bulgarian capital. The organizers told BTA that they were standing in solidarity with the..

published on 2/9/25 2:30 PM

Foreign organizations support migrant trafficking along Bulgarian-Turkish border

On February 7, a border patrol with Frontex officers, after hours of surveillance, seized a car with two Italian citizens, one from Spain and one from Lithuania in the area of the town of Zvezdets. Those posing as members of an NGO met a group of 11..

published on 2/9/25 2:21 PM