News – Prime Minister Boyko Borissov held a meeting with a delegation from China – July 12, 2019
“Bulgaria highly values relations with the People’s Republic of China. We hope for the 70th anniversary of the establishment of our diplomatic relations this year to achieve significant results in practical cooperation and to raise our relationship to a new, higher level. “
This was stated by Prime Minister Boyko Borissov during his meeting with Mr. Li Hundzion, a member of the CCP’s 19th CCP Politburo, the rank of Deputy Prime Minister of the People’s Republic of China (PRC).
Hundzion is at the head of a delegation visiting us. Bulgarian Ambassador Extraordinary and Plenipotentiary, Mr. Dong Xiaojiang, and representatives of the governing bodies of the Chinese city of Tianjin, also took part in the conversation with the Bulgarian Prime Minister.
Prime Minister Borisov welcomes the good cooperation between the two countries, both at governmental, parliamentary and regional level. Bulgarian Prime Minister Li Hundzhong and representatives of the Chinese city of Tianjin discussed the opportunities for cooperation in areas of mutual interest between our and Chinese cities.
“Under your leadership, Bulgaria is developing at a rapid pace,” said Li Hundzon, who conveyed to Prime Minister Boyko Borissov the greetings of PRC President CJ Jinpin and Prime Minister Li Kuzian.
In the talk, Prime Minister Borisov pointed out that our country supports the “17 + 1” and “One Belt, One Way” initiatives. “We want them to lead to practical results by building in Bulgaria energy and infrastructure projects with Chinese investments and participating in compliance with EU principles and norms on a market principle without state guarantees,” the prime minister also said. Borisov added that the appropriate forms are concessions, public-private partnership, the creation of mixed project companies.
During the meeting, the Bulgarian Prime Minister also took stock of the results of the Seventh Summit “16 + 1” held in Sofia in 2018, which contributed to enriching the relations between the EU and China. It was at the forum that the decision was made to create a Global Partnership Center “16 + 1”, which in April this year. was symbolically opened in Dubrovnik during the eighth Summit, but now called “17 + 1”, as Greece joined the form. M.G. Sofia also hosted the “16 + 1” Local Leaders Meeting.
“Chinese companies can invest in setting up in Bulgaria enterprises with modern technologies, production of innovative products promoting the growth of the green economy,” Prime Minister Borisov added to the Chinese delegation and summarized that Bulgaria offers exceptional investment opportunities.
“Last but not least, we rely on further support from our Chinese friends to increase the travel of Chinese tourists in Bulgaria, as well as to increase exchanges in education, culture, science and youth contacts,” said Prime Minister Borisov.
PortSEurope Note: The new Silk Road (part of the Belt and Road initiative also known as One Belt, One Road, or OBOR) is a Chinese economic strategy to seek better access for Chinese-made products in European markets, which includes acquiring stakes in ports and other transport facilities, and cooperation agreements with countries along the Silk Road routes.
Both Bulgarian Black Sea port, Burgas and Varna, are keen to develop their cargo volumes to take advantage of the increasing trade between Asia (mainly China) and Europe.
Source: Government of Bulgaria