Text size

Bulgaria and Israel to intensify cooperation in IT and communications

published on 3/13/23 6:13 PM

Nikola Stoyanov (left) Nir Barkat, 13 May, 2023.

Photo: mi.government.bg

Bulgarian exports to Israel show growth of nearly 36% in 2022. This became clear at a meeting in Israel between the Ministers of Economy and Industry of Bulgaria and Israel Nikola Stoyanov and Nir Barkat.

Exports from Bulgaria account for about 80% of bilateral trade, which to date amounts to nearly 400 million USD. "Given our geographical proximity and the rich history between our two countries, these are very low figures," Stoyanov stressed. It was agreed that Bulgaria and Israel would organise a business forum for companies in the field of information and communication technologies as a concrete step to promote business ties. Both ministers identified innovation and high technology as one of the areas with the greatest potential for joint cooperation between the two countries.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News Bulgaria cooperation IT Nikola Stoyanov Nir Barkat

More from category

Drop in temperatures, cloudy skies, rain expected in Bulgaria over the weekend

On Saturday, the minimum temperatures in Bulgaria will be from 8 to 13C, in Sofia – 10C. During the day, cloudy weather will prevail. Rain is expected in the southwestern regions. A moderate wind will blow from the east-northeast. Maximum..

published on 9/26/25 7:25 PM

Bulgarian industry is vulnerable to climate dumping

In economic terms, Bulgaria is highly dependent on carbon-intensive production and is particularly vulnerable to the risk of these productions being shifted to countries with weaker environmental standards, with the corresponding loss of jobs and a..

published on 9/26/25 6:01 PM

Just 10% of children deprived of parental care in Bulgaria can be adopted

Currently, out of nearly 8,000 children deprived of parental care, just 850 have permission for full adoption. This was announced by Deputy Minister of Labor and Social Policy Ivan Krastev at a roundtable in Sofia, specifying that about 3,700 children..

published on 9/26/25 5:35 PM