Bulgaria Prioritizes Economic Relations with Germany - Economy Minister in Berlin

Bulgaria Prioritizes Economic Relations with Germany - Economy Minister in Berlin

Opening the 9th Session of the Bulgarian-German Cooperation Council in Berlin on Monday, Economy Minister Bozhidar Loukarski said: "Bulgaria sets a priority on developing its trade and economic relations with Germany. The proof of Germany's importance as a leading foreign trade partner of Bulgaria is the ever growing number of German companies operating in the Bulgarian market."
The Economy Ministry quoted Loukarski as saying that after an agreement was reached on the Kloesters-Cemeko case and the Federal Government's investment guarantee for projects in Bulgaria was restored, German companies have been showing an increased interest in Bulgaria.
Uwe Beckmeyer, the Parliamentary State Secretary at the Federal Ministry for Economic Affairs and Energy, who is the German co-chairman of the Council, expressed a hope that the Council would help to make Bulgaria even more attractive for German investments. A clear course towards reform with the help of the EU's Structural and Cohesion Funds can help to strengthen Bulgaria's role as a stability factor in the region. He also said that Bulgaria is of a great importance to Europe's energy projects. Beckmeyer stressed Germany's readiness to help Bulgaria introduce the dual education system so that young people would stay in their country and develop its economy.

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