Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgaria and Israel to intensify cooperation in IT and communications

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!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Ivelin Mihaylov

Bulgaria’s Anti-Corruption Commission probes 'Velichie' party in major property fraud case

Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..

published on 11/26/25 2:30 PM
Boyko Borissov

Borissov cites EU defence adjustment to claim a 2026 deficit of 2.7%

The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget .  Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..

published on 11/26/25 2:15 PM

Agriculture and forestry workers protest for higher salaries

Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..

published on 11/26/25 12:34 PM