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Bulgaria's Ministry of Economy will authorize the export of arms worth 500 million euros

Photo: Ministry of Economy

The export of arms worth over 1 billion BGN /500 million euros/ is expected to be authorized within days, announced the Acting Minister of Economy Nikola Stoyanov. He will convene the export committee this week to consider all of the more than 230 pending applications. According to him, the arms industry is currently "on its knees" due to delays in export approvals. 

The reason - the previous minister, Kornelia Ninova, did not convene a committee to approve the eligible export requests. 

"I assume that there will be those for Poland. I will abide by the decisions of the last parliament. Whatever is decided regarding Ukraine will happen," Stoyanov said, BNR reported.

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