On November 21, Bulgarian President Georgi Purvanov will participate in the fifth Regional Economic Forum for South East Europe held in Ohrid, Macedonia, the press service of the Presidency said.

The economic meeting will bring together the presidents of Albania, Bulgaria, Bosnia and Herzegovina, Serbia, Croatia and Montenegro. As part of the forum, Purvanov is set to meet Nebojsa Radmanovic, the Serb member of the tripartite presidency of Bosnia and Herzegovina.

The Regional Economic Forum for South East Europe was founded as a non-governmental initiative of the business, the academic community and distinguished politicians from the region with the aim to exchange experience and ideas related to the development of key economic areas. Its particular point of focus are the challenges of European Union accession.

The forum is held once a year under the patronage of the head of state of the host country, which in this case is Macedonian president Branko Crvenkovski, and under the scheme of the Word Economic Forum in Davos, with which it has a partnership agreement.

It emphasises on the competitivity of the countries from South East Europe and the obstacles they face in speeding up their development.