Plevneliev: French firms should choose Bulgaria as outsourcing destination

On an official visit to Paris, Bulgarian President Rossen Plevneliev has said that he expects to see more French investors in Bulgaria’s increasingly high-tech industries.

Addressing French business people at a meeting organised by the French-Bulgarian Chamber of Commerce, Plevneliev said that trade between Bulgaria and France in the past 10 years was more than a billion euro a year.

In these past 10 years, trade had grown by 61.2 per cent, while French investments in Bulgaria exceeded 1.3 billion euro.

France was a strategic business partner and the development of bilateral relations was a priority for Bulgaria, Plevneliev said.

“I expect to see more French investors in our increasingly high-tech industries. I believe that this way we will succeed to build sustainable and successful economic partnerships. It is integration – both political and economic – that makes our progress possible,” he said.

Plevneliev said that at tough times for Europe like this, when the referendum in the UK undermines the foundations of the EU, “It is even more important to remind ourselves that our successes are shared, that everyone wins from integration and co-operation, and populism and nationalism injure not only us, but also the future generations”.

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