Bulgaria, United Arab Emirates Set Conditions for Strengthening Trade-Economic Contacts

Bulgarian Council of Ministers approved a draft agreement between the governments of the Republic of Bulgaria and the United Arab Emirates on economic and technical cooperation as groundwork for holding negotiations, the press office of the Bulgarian cabinet announced.

The document envisages cooperation for strengthening the contacts in the field of economy and development of the bilateral trade relations. 

The two countries will also work for enhancing the role of the small and medium business in the economic ties. Under the agreement, business visits, exhibitions and fairs will be organised. 

In addition, a mixed economic commission will be established to monitor the implementation of the engagements under the document. The commission will also examine issues of mutual interests. 

FOCUS News Agency