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Deepening the economic partnership with the USA

We attract American investments in sectors such as the automotive industry, electronics, information technologies, robotics and artificial intelligence

Apr 30, 2025 13:46 210

The Minister of Economy and Industry Petar Dilov met with the Acting Chief of the US Embassy in Bulgaria, Ms. Susan Falatko. The two discussed the possibilities for deepening the economic partnership and increasing bilateral trade.

Minister Dilov emphasized the importance that Bulgaria attaches to its relations with the USA, as a strategic partner of our country and emphasized the development and expansion of bilateral trade and investment relations.

He pointed out that in 2024, the trade between the two countries reached 1.58 billion US dollars, with exports from Bulgaria to the USA amounting to 1.12 billion dollars, and imports - 456 million. dollars.

During the meeting, priority areas for economic cooperation were discussed, including the conduct of a strategic dialogue between Bulgaria and the United States, the promotion of American investments in the Bulgarian economy, as well as the process of our country's accession to the Organization for Economic Cooperation and Development (OECD).

“Attracting American investments in sectors such as the automotive industry, electronics, information technologies, robotics and artificial intelligence is of key importance to us“, Dilov emphasized. According to him, partnerships are being sought that bring high added value and promote the technological development of the country.

“We count on our joint cooperation to identify specific steps for the development of our economic relations. The Ministry of Economy and Industry will continue to provide full support in this direction“, said the Minister of Economy.

For her part, the acting US Ambassador to Bulgaria, Ms. Susan Falatko, indicated that the American side appreciates Bulgaria's efforts to improve the investment environment and stressed the importance of the partnership between the two countries for sustainable economic development. “The election of a regular government in Bulgaria creates stability and predictability, which are of key importance for attracting investments“, said Falatko.