E-commerce to boost Bulgarian-Chinese trade turnover

Although bilateral trade reached nearly $4 billion last year, there are still untapped opportunities to further increase Bulgarian exports to China. This was made clear at a meeting between the Minister of Economy and Industry, Mr. Petko Nikolov, and the Chinese Ambassador in Sofia, Ms. Dai Qingli.

With a view to increasing Bulgarian exports to China, the two officials discussed a draft memorandum of cooperation in the e-commerce sector. According to Minister Nikolov, the document will be discussed and coordinated with all relevant institutions, as Bulgaria, as a member of the EU, applies the Union's common trade policy, which includes e-commerce.

The meeting also focused on attracting Chinese investment in mechanical engineering, automotive, automotive parts, electronics and electrical engineering, information and communication technologies, agriculture, etc.