Financial and business news from Bulgaria

A cutting-edge idea for increasing Bulgarian exports

The Ministry of Economy with the assistance of Bulgarian businesses and trade representatives abroad have an idea to create a digital export hub to support Bulgarian exports, which is most affected by the epidemiological crisis.
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This became clear during a video conference between the Minister of Economy Lachezar Borisov, the representatives of the business in Bulgaria and contributors in commercial and economic activities.

Economy Minister Lachezar Borisov promised this idea to be realized in the shortest possible time.

During the meeting, proposals were made to make the portfolio of companies and services offered by them more accessible to all users globally.

According to the Minister of Economy, despite the positive levels of domestic consumption indicators and investments in the country, the creation of such a platform is urgent and is conditioned by the decline of Bulgarian exports in the third quarter of 2020, which was most affected by the spread of coronavirus infection around the world.

He reminded that it is precisely in a crisis that we all need to solidify our efforts and show flexibility and creativity in order to help every sector of our economy recover their positions as quickly as possible.

Minister Borissov expressed hope that the creation of this new platform was a step in the right direction to support Bulgarian exporters.