Economics

Armenian-Bulgarian economic cooperation discussed

Prime Minister Karen Karapetyan received Bulgarian Ambassador to Armenia Maria Pavlova Tzotzorkova-Kaymaktchieva.

The Prime Minister pointed out that Armenia is interested in the furtherance of bilateral relations. Highlighting the development of economic cooperation and business ties, Karen Karapetyan stressed the need for reinvigorating the activities of the Armenian-Bulgarian Intergovernmental Commission.

Noting that Bulgarian investors may consider Armenia as an appropriate platform for entering the Eurasian and Iranian markets, the Premier said that the Bulgarian capital has the opportunity to engage in the free economic zone of Meghri. Karen Karapetyan went on to note that he could see good prospects of cooperation in the transport sector in terms of implementing multimodal transportations via the Black Sea-Persian Gulf transport corridor. The Prime Minister conveyed his greetings and congratulations to newly elected Prime Minister of Bulgaria Boyko Borisov.

Maria Pavlova Tzotzorkova-Kaymaktchieva said Bulgaria keen to strengthen relations with Armenia, noting that they could be bolstered by centuries of bilateral ties. Stressing the importance of developing economic cooperation, she considered it necessary to boost trade turnover mediating business forums, promoting new business ties and implementing investment programs. The Ambassador added that Bulgaria is ready to share its experience in different fields, including public administration and the agrarian reform.

The interlocutors concurred in that cultural and educational cooperation might serve as a milestone on the way to strengthening contacts between the two peoples by means of cultural and educational exchange programs.

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