At a meeting with the ambassador of Japan to Bulgaria Hisashi Michigami, Bulgarian President Rumen Radev welcomed the interest by the Japanese side in the investment and trade potential of Bulgaria. The meeting was attended by proprietors and representatives of leading Japanese companies operating in the sphere of transport, construction, the food industry, IT, cinema, tourism, culture and art, as well as local self-government in the country, the presidential press service has announced.
During the first 6 months of 2024, trade between Bulgaria and Japan totaled USD 124.1 million, USD 37.9 million in exports and USD 86.2 million in imports from Japan. Integrated circuits and electronic microassemblies, as well as chemical products account for the growth in Bulgarian exports. Cars are top of the list in Japanese imports.
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The German economy has been shrinking and the government expects a decline of 0.2% of GDP. Some of the main reasons for this include unresolved structural problems related to lack of energy security, excessive bureaucracy and shortage..
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