Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

E-commerce to boost Bulgarian-Chinese trade turnover

Photo: Ministry of Economy and Industry

Although bilateral trade reached nearly $4 billion last year, there are still untapped opportunities to further increase Bulgarian exports to China. This was made clear at a meeting between the Minister of Economy and Industry, Mr. Petko Nikolov, and the Chinese Ambassador in Sofia, Ms. Dai Qingli. 

With a view to increasing Bulgarian exports to China, the two officials discussed a draft memorandum of cooperation in the e-commerce sector. According to Minister Nikolov, the document will be discussed and coordinated with all relevant institutions, as Bulgaria, as a member of the EU, applies the Union's common trade policy, which includes e-commerce.

The meeting also focused on attracting Chinese investment in mechanical engineering, automotive, automotive parts, electronics and electrical engineering, information and communication technologies, agriculture, etc.



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

Bulgaria and Argentina take new steps in their trade cooperation

Bilateral relations between Bulgaria and Argentina have received a new impetus for development following the visit of an Argentine delegation from the Chaco province to Bulgaria at the beginning of November . High-ranking officials from the..

published on 11/5/24 11:49 AM
Dobrin Ivanov

Employers want the Supreme Administrative Court to freeze the minimum wage

Employers are contesting the rise of the minimum wage. The Bulgarian Industrial Capital Association announced that they filed a complaint in the Supreme Administrative Court. About 430,000 people in the country work for minimum wage...

published on 11/5/24 11:41 AM

Jesus Caballero grabs Manager of the Year Award for 2024

If the political crisis continues, the lost benefits will reach a threshold after which the Bulgarian business will begin to lose competitiveness due to growing deficits in education, healthcare, infrastructure, regional development and demographics...

published on 11/5/24 9:54 AM