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

Businesses want to negotiate the import of highly educated specialists from India

Photo: Dr. Petar Velev- personal archive

In the next 3 to 5 years, Bulgaria will experience a shortage of more than 250,000 specialists with higher education. For the past 8 years, Bulgaria has missed the opportunity, which a number of EU countries have taken advantage of, to conclude an agreement with the largest exporter of workforce-India, Dr Petar Velev, Chairman of the Indian-Bulgarian Business Chamber, said in an interview for BTA. 

''The agreement in question is a framework document that sets out all the main points on migration and mobility related to the issuance of a work visa, according to the qualifications and specific jobs sought in the country’’, BTA said. Velev gives the example of Germany, which has set the condition that job applicants must be trained in India beforehand for the respective position. India itself wants to ensure that there will be no irregular migration. If someone does not comply with the law in the host country, the Indian authorities are committed to returning them to India, said Petar Velev. He pointed out that at the moment, there are sporadic cases of Indian workers who have chosen Bulgaria for their career.




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

Eurostat: Inflation in Bulgaria slows to 2.8%

According to Eurostat estimates, price growth in the EU slowed down to 2.4% year-on-year in April 2025, compared to 2.5% in March. According to data reported by BTA, Bulgaria's annual inflation rate slowed down to 2.8% in April, down from 4% in March..

published on 5/19/25 4:01 PM

Osaka calls for stronger economic ties between Bulgaria and Japan

'The land of the rising sun' — this evocative name resonates beautifully with Bulgarians. The country is also known as the 'cherry blossom garden' and the 'mighty financial powerhouse'. These descriptions are all accurate, sparking the interest of..

published on 5/19/25 3:14 PM
Petar Ganev, Institute for Market Economics

IME expects Bulgaria to meet the price stability criterion for joining the euro area

Bulgaria will meet the price stability criterion for joining the eurozone without the need for subjective calculations, said the Institute for Market Economics (IME), which refers to inflation data in recent months. Following a positive..

published on 5/18/25 12:20 PM