Support The Moscow Times!

Trade With Bulgaria Up 50%

Russian-Bulgarian trade grew more than 50 percent last year, but Moscow still called for diversification of economic contacts, Foreign Minister Sergei Lavrov said Thursday after negotiations with Bulgarian Foreign Minister Nikolai Mladenov.

"Our trade grew more than 50 percent last year. We are glad that is so, but we would also like to diversify economic contacts and give more attention to large joint projects, high-tech cooperation and joint innovations," he said.

Energy and tourism make up the lion's share of the bilateral cooperation, Mladenov said. "We must broaden the list of joint areas because Bulgaria-Russia relations have an effect on EU-Russia relations and the Atlantic context," he said.

(Interfax)

Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.