Bulgarian President Rossen Plevneliev told a Bulgarian-Cyprus business forum on February 23 that talks with visiting Cypriot president Nikos Anastasiades had opened a new horizon for actions in areas such as trade, tourism, energy, agriculture and the food industry.
Cyprus is a centre for much wider regional activity, Plevneliev told the meeting, which brought together more than 60 business representatives from Bulgaria and Cyprus.
Plevneliev highlighted the positive dynamics in bilateral trade.
In 2015, compared to the previous year, the two countries had more than 80 per cent growth in turnover. Bulgarian exports grew in one year by 90 per cent and Cypriot exports to Bulgaria by 47 per cent. Cyprus is the sixth most major investor in Bulgaria with investments of about 2.1 billion euro.
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