Bulgaria backs Japan for free trade agreement with EU

 

“Japan has always been primary partner of Bulgaria in Asia. The signing of the EU-Japan free trade agreement will open many opportunities for the Bulgarian business, too. We have traditions and serious potential at the Japanese market.”

 

Japan and Bulgaria

 

This is what Bulgarian Minister of Economy Bozhidar Lukarski said at the meeting with Japanese Minister of Economy, Trade and Industry Motoo Hayashi.

 

Mr Lukarski is on an official working visit to Japan, heading a business delegation of 16 Bulgarian companies, the press office of the ministry announced.

 

The Bulgarian minister told his Japanese counterpart that Bulgaria backed the fast finalisation of the negotiations on the EU-Japan agreement. He added that Bulgaria had no remarks about the clauses in the agreement and would raise the issue at the next sitting of the Foreign Affairs Council (Trade) in Brussels.

 

Minister Hayashi, on the other hand, thanked for Bulgaria’s readiness to support the negotiation process.

 

In his words Bulgaria positions itself as a perspective investment destination for the Japanese companies, as more and more of them already show interest in investing in productions in Bulgaria, especially in the automobile sector.
The Japanese minister expressed certainty that the success of the business forum held within Bulgarian minister’s visit would open a new page in the economic relations between the two countries.

 

Motoo Hayashi commented further that a list with the leading Japanese technologies, which could be developed in the EU, and Bulgaria in particular, was being worked out.

 

Minister Bozhidar Lukarski invited his counterpart on a visit to Bulgaria to get introduced to the business and investments opportunities our country offered.

 

The last visit of a Japanese economy minister to Bulgaria was in 1974.