Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Japanese-Bulgarian business forum is being held in Sofia

Susumu Kataoka, president of Japan External Trade Organization
Photo: BTA

A Japanese-Bulgarian business forum is being held in Sofia, organized jointly by the Japan External Trade Organization (JETRO) and the Bulgaria Invest Agency.

"I am leading a delegation of a hundred people, a fact that speaks volumes about how high our expectations are for the country," said Susumu Kataoka, president of JETRO. 

Over the past few years, JETRO as an organization has turned its attention to Central and Eastern Europe for one reason - we want to increase Japanese investment in this region," he added. 
There are several factors that motivate Japan's decision, according to Kataoka: the rising geopolitical risk and tensions, and the strong impact of the Three Seas initiative, where Bulgaria has been a strategic partner since April this year, said Kataoka. 

Specifically for Bulgaria, he recalled that the country's image in Japan is recognizable and positive. "We want more and more Japanese companies to recognize and direct their attention to the advantages that Bulgaria offers in the information and communication sector and the startup ecosystem," he announced, laying emphasis on well-prepared professionals and manpower for high-tech sector and the presence of the INSAIT Institute in Bulgaria.

The year 2024 marks 115 years since the first official contacts between Bulgaria and Japan and 85 years since the establishment of diplomatic relations between the two countries.


Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Bulgarian economy registers upsurge, yet unevenly distributed over different regions

There has been an upsurge in the economy in every region of Bulgaria, the effects of the Covid crisis have been overcome, tourism has fully recovered, which is evident in Bulgarian seaside regions and spa resorts - this is the conclusion that is drawn..

published on 11/19/24 11:51 AM

More than EUR 1 billion to be allocated for agriculture and the development of local economies

More than EUR 1 billion will be invested in agriculture and rural areas in Bulgaria in 2025. According to a decision by the Monitoring Committee of the Strategic Plan for Agricultural Development, the funds are aimed at modernizing agriculture and..

published on 11/17/24 10:07 AM
Institute for Market Economics

High added value manufacturing marks significant growth: Institute for Market Economics

Bulgaria’s industry is being transformed in the direction of high added value productions, reads an analysis by the Institute for Market Economics. This tendency is best manifested in computer science, electronics and optics which account for the..

published on 11/16/24 2:04 PM