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Bulgaria trade with Turkey worth USD 4 B

Date: 28.03.2008

Bulgaria's annual trade with Turkey presently amounts to USD 4 B, and might reach USD 10 B in the coming years.

This prediction was made by the Bulgarian PM Stanishev and his Turkish counterpart Erdogan during the bilateral business forum in the Kempinski-Zografski hotel in Sofia.

PM Stanishev announced that in the last couple of years the bilateral trade had been growing with USD 1 B per year, and was bound to grow further because of the high economic growth and the continuing reforms in both Bulgaria and Turkey.

The Turkish PM Erdogan stated his country had serious investments in Bulgaria, and pointed to the company Sisecam, which invested USD 250 M in a factory in the city of Targovishte in northeast Bulgaria.

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