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United Arab Emirates, Abu Dhabi, Embassy of the Republic of Bulgaria

Bulgarian Deputy Prime Minister Mariana Nikolova and UAE Minister of Economy discuss strengthening economic and commercial relations

19 February 2020 News

The Deputy Prime Minister for Economic and Social Policy Mariyana Nikolova and Sultan bin Saeed Al Mansouri, Minister of Economy of the UAE, discussed strengthening relations between the UAE and Bulgaria, especially those related to economic and commercial areas, during a meeting In Abu Dhabi on February 16th, 2020.

At the meeting, held at the headquarters of the Ministry of Economy in Dubai, both sides discussed their cooperation in the areas of trade, investment, tourism, agriculture and food security, as well as opportunities for cooperation in sectors related to innovation, the Fourth Industrial Revolution, and small and medium-sized enterprises, SME.

The meeting was attended by Mohammed Ahmed bin Abdulaziz Al Shehhi, Under-Secretary at the Ministry for Economic Affairs, Bogdan Kolarov, Ambassador of Bulgaria to the UAE, and several officials from both sides.

Those at the meeting also discussed the holding of the first meeting of a joint economic committee between the two countries in 2020, as well as organising business meetings and joint government and private sector meetings during Expo 2020 Dubai.

Nikolova stated that there are many opportunities to deepen the cooperation between the two countries, especially in the areas of trade, investment, tourism and agriculture. "The UAE is among Bulgaria’s leading trading partners in the region," Nikolova said, expressing her hope that their partnership will continue to progress.

Al Mansouri said that the relations between the two countries are witnessing positive growth, supported by their keenness to diversify and enhance their overall cooperation.

He also highlighted the importance of making Expo 2020 Dubai into an opportunity to organise related events and business meetings between the two countries, affirming the UAE's interest in advancing its partnerships with Bulgaria in the areas of agriculture and food industries, to serve its food security policies, as well as in entrepreneurship and SMEs.

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