Last year Bulgaria exported weapons, munition and defence-related products amounting to 1.219 billion euro, which is 20 percent up on 2016.
The bulk of these exports were to Saudi Arabia, India, USA and Iraq. The total cost of the country’s imports of defence-related commodities is 247 million euro, mostly from Poland, Serbia and Romania, reads a report by the Interministerial Commission for Export Control and Non-Proliferation of Weapons of Mass Destruction with the Minister of Economy, adopted by MPs.
Bulgaria faces deep structural challenges. The economy is characterized by low added value and regional challenges, chairman of the Bulgarian Industrial Association (BIA), Dobri Mitrev, said. He presented the BIA index for “Economic..
The son of the US President - Donald Trump Jr. and Gila Gamliel, Minister of Science and Technology of Israel, will participate in a business forum in Sofia on April 27, organized by the global digital asset platform Nexo , the company announced...
On January 1, 2026, Bulgaria will take over the presidency of the Danube Strategy for the second time (after 2018) . This is happening at a difficult time for Europe, a time when the world is changing rapidly, when it is more important than ever..
In 2024, Bulgaria spent USD 2.208 billion (3.964 billion BGN), or 2.04% of its GDP, on defense, reads the annual report of NATO Secretary General Mark..
Bulgaria’s Ambassador to the United States Georgi Panayotov has requested an early end to his term, the Ministry of Foreign Affairs announced. The..
The Israel Defense Forces (IDF) have admitted to mistakenly firing on a UN facility in central Gaza in March, killing an UN staffer, reported BTA...
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