QBA team to explore trade avenues in Bulgaria
TRIBUNE NEWS NETWORK
DOHA THE chairman of Qatari Businessmen Association (QBA) Sheikh Faisal Bin Qassim al Thani recently met with Bulgarian Minister of Foreign Affairs HE Nikolay Mladenov and Chargé d’Affaires and Head of Mission of Bulgaria in Qatar HE Miroslav Zafirov, said a QBA press release, on Sunday.
According to the release, the meeting came on the heels of the official visit of the Prime Minister of Bulgaria HE Boyko Borisov and his accompanying delegation to Doha.
In attendance at the meeting alongside the QBA chairman were distinguished QBA members Ibrahim al Jaidah, Ibrahim al Neama and Ashraf Abu Issa, the release added.
During the visit, HE Nikolay Mladenov informed QBA chairman and members about the results of the Bulgarian delegation to Qatar, where an amount of 100 million euros were assigned to be invested in the three main sectors of Bulgarian economy, which include agriculture, tourism and infrastructure.
In addition, a team of Qatari experts will visit Bulgaria within a month to study prospect investment areas pertaining to these sectors, as well as in energy field and to also discuss potential cooperation prior to the visit of the Prime Minister and Minister of Foreign Affairs HE Sheikh Hamad bin Jassim al Thani to the Bulgarian capital Sofia. The Qatari government has also proposed to the Bulgarian delegation to hold an exhibition of Bulgarian products in Qatar, as the Bulgarian companies have the opportunity to compete with the both private and public sectors.
HE Nikolay Mladenov invited Sheikh Faisal and QBA members to visit Bulgaria, and explained about Bulgarian investment incentives, which include the lowest tax rate in European countries and an economy growth that currently depends on the service and tourism sector (64.2 percent), industry (30.6 percent) and agriculture (5.2 percent ). Moreover, he explained that the Bulgarian government is moving toward the development of high-end medical tourism sector.
On the other hand, Sheikh Faisal Bin Qassim Al Thani, expressed the importance of the official visit. He said that it will help in supporting the economic relations and investment opportunities between the two countries.
Sheikh Faisal also confirmed the readiness of Qatari businessmen to support and identify investment opportunities available in Bulgaria.