There is a positive trend in our trade relations with Egypt, as statistics show a tenfold increase in Bulgarian exports from 2007 to 2017. This was announced by Deputy Minister of Economy Alexander Manolev in Cairo. He and Sahar Nasr, the Minister of Investment and International Cooperation of the Arab Republic of Egypt, opened a bilateral business forum involving more than 100 companies. The forum was also attended by the President of Bulgaria Rumen Radev and the Prime Minister of Egypt Mostafa Kamal Madbudi.

“Against the background of good results, we see a delay in 2018, which I hope with joint action to overcome,” said Deputy Minister Manolev and stressed that the participation of so many businessmen from both countries is the strongest evidence of prospects and opportunities. .

The Deputy Minister of Economy also presented the opportunities for investments in Bulgaria and emphasized the results that the country achieves in the economic sphere. He added that Bulgaria could give access to the European single market and Egypt could be used as a bridge to the Middle East and Africa, and called on both countries to make full use of these opportunities.

During the business forum, agreements were signed between companies from the system of the Ministry of Economy and their partner organizations in Egypt.

Deputy Minister Manolev is in Cairo leading a business delegation including 40 of our companies. They accompany the official visit of the President of the Republic of Bulgaria Rumen Radev to the Arab Republic of Egypt.