Bulgarian delegation participates in the “India – Europe 29 Business Forum”

A Bulgarian business delegation, organized by the Bulgarian Chamber of Commerce and Industry, accompanied the Deputy Prime Minister for Economic and Demographic Policy of the Republic of Bulgaria Mariana Nikolova on her visit to India on the occasion of the “India – Europe 29 Business Forum”.

During the visit an interactive session between Indian and Bulgarian businesses took place. The event was officially opened by Mr. Rakesh Bakshi, member of the Board of Directors of the Federation of Indian Chambers of Commerce and Industry (FICCI), who said that there was significant potential for the development of bilateral relations between Bulgaria and India. He identified the following promising sectors for cooperation: renewable energy, pharmacy, ICT, tourism, research and development. Mr. Bakshi also emphasized the already successful Bulgarian investments in India, expressing the readiness of the chambers from both countries to support and assist the business.

The President of the Bulgarian Chamber of Commerce and Industry Tsvetan Simeonov thanked the organizers of the event and noted the long-standing cooperation between BCCI and FICCI, which dates back to 1976 with a formally signed agreement. He presented the activities of BCCI and the services it provides in support of the business community, as well as the potential sectors for cooperation, among which are the food industry, tourism, light industry, etc. Tsvetan Simeonov informed the participants about BCCI’s cooperation with partners from India, as well as various joint initiatives for the development of trade and economic relations between the two countries.

The main event, the “India – Europe 29 Business Forum”, for the 5^th consecutive year brought together in Delhi more than 550 representatives of the Indian business community from different states and representatives of the European business from Central and Eastern Europe. The forum lasted 2 days, focusing on the following sectors: pharmacy, information technology, artificial intelligence, smart cities, etc. The programme of the forum is available HERE.

The Bulgarian Deputy Prime Minister Nikolova had the highest rank among the official guests of the forum, which was noted by the hosts, and Bulgaria was the most frequently mentioned country in the speeches of the representatives of the Indian state and FICCI. Deputy Prime Minister Nikolova congratulated the participants and stated that the new global economic trends, innovations and opportunities required us to seek cooperation in completely new sectors. She noted that the fifth edition of the initiative seeks to respond to the new challenges by helping to establish new partnerships and build on existing contacts with India.