Bulgarian President Rumen Radev in Egypt: I Lead an Impressive Business Delegation, I Expect Good Deals
Tuesday, 26 March 2019
Egypt is one of the most influential Arab countries, although it is not economically the most developed. The diplomatic relations between Bulgaria and Egypt were established in 1926. And in recent years, the activity at the political level is visible.
"Egypt has a key role to play in the region in the fight against terrorism, organized crime, radical Islam and illegal migration, so cooperation with Egypt is important to our national and European security," said President Rumen Radev who arrived on an official visit in front of journalist in Cairo.
He also added that Egypt is also our largest trade and economic partner for the Middle East and Africa. "Trade has already exceeded one billion dollars, but there is even more potential for development, so I have an impressive business delegation with me in important areas of mutual interest," Radev said. "But dialogue and mutual trust at a high political level are a very important condition for this potential to develop," the head of state added.
The delegation led by the Bulgarian head of state includes representatives of the executive branch and of the institutions promoting business contacts and representatives of nearly 30 Bulgarian companies from the defense industry, agriculture and food production, machine building, high technology companies and in the field of tourism, which will discuss with their partners from Egypt the implementation of common projects.