Bulgaria-Saudi Arabia Economic Cooperation Committee to Meet at Beginning of Q3

The first session of the Joint Committee for Economic Cooperation between Bulgaria and the Kingdom of Saudi Arabia is expected to be held in Sofia at the beginning of the third quarter of 2024. On the sidelines, a large-scale bilateral business forum will be held, the Bulgarian Chamber of Commerce and Industry (BCCI) said.

According to the Bulgarian news agency, the agreement, which provides the legal framework for establishing a joint committee between the two countries, was signed in March 2023 in Sofia.

Dimitar Abadzhiev, Chairman of the Bulgarian-Saudi Chamber of Commerce, visited BCCI and held talks with President Tsvetan Simeonov.

During the talks, Abadzhiev, a former Bulgarian ambassador to Riyadh, presented the joint chamber’s plans to expand its activities with partners in Saudi Arabia. The sides also discussed the possibilities of intensifying bilateral cooperation in several areas, including energy, economy, investment, education, culture, and innovation.