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Wed, Jun 19 2013

Bulgaria’s Government, industrialists to co-operate on new export strategy

Fri, Mar 23 2012 08:05 CET

byThe Sofia Echo staff

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Bulgaria’s Government, industrialists to co-operate on new export strategy

Ognyan Donev, left, chairman of the Confederation of Employers and Industrialists in Bulgaria, and Miroslav Naidenov, Bulgaria's Minister of Agriculture and Food.

Photo: Krassimir Yuskesseliev

Bulgaria wants to change the emphasis of its exports from raw materials such as grain and lumber to processed goods, it emerged at a meeting between Agriculture Minister Miroslav Naidenov and representatives of the Confederation of Employers and Industrialists and Bulgaria (CEIBG).
 
This is envisaged in Bulgaria’s national export strategy, which was discussed with CEIBG.
 
Naidenov said that exports of processed goods would increase revenue from value-added tax, while there should be additional impetus for vegetable-growing, stock breeding and other traditional export sectors.
 
CEIBG chairman Ognyan Donev was quoted by mass-circulation daily 24 Chassa as saying that the confederation would work with government officials on developing the national export strategy.
 
The confederation already has its own export association, which was set up at the suggestion of Postbank, the report said.

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