NEWS FROM BCCI
The partnership with the Portugal Global Trade and Investment Agency continues
The Secretary General of BCCI Vasil Todorov met with the Director of the Portugal Global Trade and Investment Agency (AICEP) Joaquim Pimpao, seated in Budapest. The topics of discussion included the economic development of Bulgaria and the potential areas of cooperation with Portugal. Vasil Todorov presented up-to-date information about the economic growth and perspective sectors of the Bulgarian economy.
He also presented the activities of BCCI aimed at solving the problems which Bulgarian companies and foreign investors encounter in their work.
The cooperation between BCCI and AICEP dates back to 1982 and consists of facilitating contacts between companies from Bulgaria and Portugal with common interests, organizing business forums and bilateral meetings.
According to data of the Ministry of Economy, in 2018 trade turnover between Bulgaria and Portugal increased by 9.5% compared to 2017 and amounted to EUR 186.6 million. Exports to Portugal registered a 15.5% decline, amounting to EUR 99.5 million. Imports grew by 65.2% and reached EUR 87.1 million. The trade balance is positive (EUR 12.3 million). Portugal ranks 35th among Bulgaria’s partners in terms of exports and 39th with regard to imports.
According to data of the Bulgarian National Bank for the period 1996 – 2018, the attracted investments from Portugal amount to EUR 49.6 million.
NEWS FROM BCCI
The President of BCCI addressed the 108th International Labour Conference
Focusing on the active role of Bulgaria in the work of the ILO
MoreMeeting with the newly-appointed Ambassador Extraordinary and Plenipotentiary of Bosnia and Herzegovina
Discussion of the current status of the bilateral trade and economic relations
MoreBCCI hosted the regular meeting of the Board of Directors of the Black Sea Economic Cooperation
BCCI presented a report on the activities during the Bulgarian Chairmanship-in-Office of the Council
MoreThe partnership with the Portugal Global Trade and Investment Agency continues
Facilitating contacts between companies from both countries with common interests
More
UPCOMING EVENTS
Bulgaria will build its pavilion at the World Expo 2020 in Dubai
Within the Mobility subtopic, taking into account Bulgarian strategic geographical position
More
BULGARIAN ECONOMY
Exports of goods from Bulgaria to third countries grew by 14.7%
Half of Bulgaria's exports are for 6 Countries
MoreThe price of agricultural land in 2018 was 7.9% higher than in 2017
The highest price of agricultural land in 2018 was in the North-eastern region
More
INVESTMENT NEWS
A New Guidebook by Invest Sofia: Startup and Innovation Ecosystem in Sofia
The document contains information for the entrepreneurship environment in the capital, the advantages for startups...
MoreDubai port operator with interest in Bulgarian ports
The use of Bulgarian ports along the Danube provides quick access to other European countries
MoreThe French BiC opens a service center in Sofia
The location in Sofia will provide services for the whole system of the group
More
