Sunday 28 July 2013

The trade between Bulgaria and Turkey

In the first three months of the year the trade between Bulgaria and Turkey has increased by 25.52% and amounted to 770. 338 million euro. After Germany and Italy, Turkey is the third trading partner of our country. This said Deputy Minister of Economy and Energy Krassin Dimitrov during the opening of the Bulgarian-Turkish business forum in Sofia.

The Turkish direct investments in Bulgaria for 2012 amount to 45.4 million euro. Among the top priorities for our country remains the maintenance of macroeconomic stability and expansion of investment incentives, said Deputy Minister and added that the government is making efforts to improve the business environment by reducing the administrative and financial burden. He reminded that Bulgaria is the country with the lowest tax rates in the EU, and that is given a priority to stimulate investment in high-tech sectors.

Once we realize our new incentives for investors, we expect you to reveal in our country the industries with high added value, high-tech centres and incubators. With these words the Deputy Minister Dimitrov turned to the members of the Association of Industrialists and Entrepreneurs of Antalya, who participated in the Bulgarian-Turkish forum organized by the Bulgarian chamber of commerce and industry.

A submission for public discussion of the priority axes of the Operational Program "Competitiveness and Innovation 2014-2020" is coming soon.  We are currently in discussions with employers on how to improve the access of Bulgarian enterprises to EU funds, said Krassin Dimitrov.