Radev: We will increase Chinese investment in electric vehicles, energy and agriculture
Sofia, October 19 (Hibya) - Bulgarian President Rumen Radev announced that he had discussed strengthening the strategic partnership between the two countries through concrete projects during his meeting with Chinese Foreign Minister Wang Yi. The talks focused on attracting Chinese investment in electric vehicle manufacturing, energy and agriculture, as well as developing Asia-Europe connectivity through the Middle Corridor.
Bulgarian President Rumen Radev stated that his country was ready to strengthen its bilateral strategic partnership with China through concrete projects in the fields of economics and connectivity.
In a statement posted on social media, Radev said that during his meeting with Chinese Foreign Minister Wang Yi, they had assessed Bulgaria's potential to attract more Chinese investment in electric vehicle manufacturing, energy and agriculture.
Radev emphasized that Bulgaria and China were connected by longstanding relations of friendship, trust and cooperation. He noted that Bulgaria was the second country in the world to recognize the People's Republic of China and establish diplomatic relations with it. Radev stated that the Strategic Partnership Declaration adopted with Chinese President Xi Jinping in 2019 marked an important step in the development of relations between the two countries.
Middle Corridor on the agenda
Radev announced that, at the Bulgarian government's proposal, a high-level meeting on connectivity was planned to be held in the country in spring 2027. He said the meeting would aim to improve connectivity between Central Asia and Europe through the Trans-Caspian International Transport Corridor, known as the Middle Corridor.
Radev noted that Bulgaria, thanks to its strategic location, played an important role in transport links between Asia and Europe and contributed to the expansion of transport, energy and digital connectivity.
Usa News Agency