Text size

Bulgaria and Israel to intensify cooperation in IT and communications

published on 3/13/23 6:13 PM

Nikola Stoyanov (left) Nir Barkat, 13 May, 2023.

Photo: mi.government.bg

Bulgarian exports to Israel show growth of nearly 36% in 2022. This became clear at a meeting in Israel between the Ministers of Economy and Industry of Bulgaria and Israel Nikola Stoyanov and Nir Barkat.

Exports from Bulgaria account for about 80% of bilateral trade, which to date amounts to nearly 400 million USD. "Given our geographical proximity and the rich history between our two countries, these are very low figures," Stoyanov stressed. It was agreed that Bulgaria and Israel would organise a business forum for companies in the field of information and communication technologies as a concrete step to promote business ties. Both ministers identified innovation and high technology as one of the areas with the greatest potential for joint cooperation between the two countries.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News Bulgaria cooperation IT Nikola Stoyanov Nir Barkat

More from category

Belgium and the Netherlands to transfer 7 MCM vessels to Bulgaria

Belgium and the Netherlands will transfer seven Tripartite mine countermeasure vessels to Bulgaria free of charge, Naval News reported, citing the Belgian Ministry of Defence. The decision was approved by the Belgian government on September..

published on 9/16/25 9:58 AM

Bulgarian police arrest a Russian national in connection with the 2020 Beirut port explosion

The Russian owner of the cargo ship linked to a supply of ammonium nitrate at the centre of the devastating explosion at the Port of Beirut in 2020 has been arrested in Bulgaria. Igor Grechushkin is wanted by Interpol, along with the ship's captain,..

published on 9/16/25 9:19 AM

A Chinese business delegation is in Sofia to participate in a bilateral economic forum

Bulgaria's President Rumen Radev met with China’s Vice Minister of Commerce Ling Lee to discuss deepening economic partnership. The meeting was also attended by representatives of a Chinese business delegation visiting Sofia for the 18th session of..

published on 9/16/25 8:53 AM