At a meeting in Riyadh with Minister of Commerce and Investment of Saudi Arabia Majid bin Abdullah Al Qasabi, Bulgarian Minister of Economy Emil Karanikolov said that there was great untapped potential in trade and investments between the two countries that could be further promoted. The two discussed possibilities for Bulgarian companies to participate in the construction of major infrastructure projects in Saudi Arabia, which expressed a desire for co-operation in the spheres of agriculture, pharmaceuticals, agriculture, chemistry and tourism. Minister Karanikolov pointed out the strategic geographic position of Bulgaria and its ability to offer the nearest location for access to the single European market.
