Wed, Feb 08 2012

FOREIGN MILITARY BASES TO PRODUCE ECONOMIC BENEFITS FOR BULGARIA- BEYRLE

Tue, Jun 27 2006 13:08 CET

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US ambassador to Bulgaria John Beyrle said that the setting up of foreign military bases in the country would produce economic benefits in the form of work places and business opportunities.

Beyrle attended today the opening of an American Chamber of Commerce conference on US Joint Training Facilities: Commercial Opportunities and Business Partnership.

The US would use Bulgarian supply companies, if the service they offered was competitive and of high quality, Beyrle said.

The military and defence co-operation agreement between Bulgaria and the US was a strategic investment in Bulgaria's security, Beyrle said.

Beyrle also discussed economic opportunities and said that 2006 could become the year with highest US investment in Bulgaria.

Bulgaria's Foreign Minister Ivailo Kalfin said diplomatic relations between Bulgaria and the US were good and the defence agreement gave chances for further co-operation in the future.

The main economic improvement, resulting from the setting up of bases, was the decreased security risk and higher stability in the Balkan region, which would affect the business climate, Kalfin said.

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