Text size

E-commerce to boost Bulgarian-Chinese trade turnover

published on 7/24/24 11:54 AM

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!

Radio Bulgaria Economy bulgaria china dai qingli e-commerce petko nikolov trade

More from category

Bulgarian National Bank expects Bulgaria to meet price stability requirement for entering the Eurozone

Bulgaria can meet the convergence criterion for price stability, needed for entering the Eurozone, in January 2025 and continue to meet it throughout the rest of the year, the Bulgarian National Bank (BNB) states in its macroeconomic outlook,..

published on 1/29/25 1:16 PM

Two opposition parties call on the state to acquire Lukoil

"The state should buy Lukoil. Then it can look for partners if it wants. If it wants to operate it on its own, that’s fine too. Bulgarians should have cheap fuel", the leader of DPS-New Begining Delyan Peevski told journalists in parliament...

published on 1/29/25 11:58 AM

Bulgaria, Bulgarians and the stir in the world of cryptocurrencies

A few hours before being sworn in for the second time as President of the United States, Donald Trump shocked the international community with the news that he was launching his own cryptocurrency, called $TRUMP. A precedent that provoked many questions..

published on 1/29/25 10:30 AM