“The data shows that Bulgaria’s export to China has increased over the last couple of years. The bilateral merchandise exchange has reached a record level of USD 1.346 billion, as the Bulgarian export to China is estimated at USD 403 million. I am glad to report that Bulgaria’s export to China has increased by 61% compared with 2010,” Bulgarian Deputy Minister of Economy, Energy and Tourism Ivo Marinov said at the signing of a memorandum of understanding on economic cooperation between Bulgaria’s Ministry of Economy, Energy and Tourism and the Department of Foreign Trade and Economic Cooperation of Guangdong Province (GDDOFTEC), FOCUS News Agency reporter informs.

“In times of economic crisis Bulgaria preserved its economic stability, we have very good macro-economic indices,” the minister said further.
Liang Guixuan, Counsellor with the Department of Foreign Trade and Economic Cooperation of Guangdong Province (GDDOFTEC), on the other hand, said the following: “The political and investment climate is improving. In 2010 the two countries reached full agreement on stimulating even further the development of the foreign relations. The Guangdong Province has a huge industrial potential. In the process of overcoming the international financial crisis the province is turning more and more to the international market, including Bulgaria. Guangdong takes part, as executor, in projects worth USD 13.79 million. There is a great potential for cooperation. The signing of the memorandum gives a good platform for trade and economic cooperation. We encourage the Chinese businessmen to invest in Bulgarian industrial zones.”
 

focus-fen.net