Iran is planning the construction of a rail transport corridor via Georgia and regards Bulgaria as a privileged opportunity to implement the project for transport connectivity with Europe.

This transpired after a meeting between Bulgarian President Rosen Plevneliev and the President of Iran Hassan Rouhani held during the UN General Assembly session in New York. Plevneliev and Rouhani stated that it was important to enhance trade, economic and investment cooperation after the lifting of the sanctions imposed on Iran.

President Plevneliev focused on the opportunities for Iranian companies to gain a foothold on the European market by availing themselves of the investment advantages offered by Bulgaria, the press secretariat of the Bulgarian head of state has announced.

The presidents of the two countries pointed to pharmaceuticals as a particularly promising sphere of cooperation, with the Iranian side considering joint ventures with partners from Bulgaria.