You have 3 free articles left this month. Get your free Basic subscription now and gain instant access to more.

Bulgaria and England in strategic partnership for economic development

Bulgaria and England in strategic partnership for economic development Photo: Bulgarian Expansion Bridge

The NGO BEX unites a community of entrepreneurs and investors who will support local startups in breaking the barriers of the British market

More than 140 years of strong strategic partnership between Bulgaria and the United Kingdom embarks a new strategic partnership. Joint Declaration for the reinforced economic relations was signed in the Bulgarian Embassy in London on the 24th of October by the Deputy Prime Minister and Minister of the Foreign Affairs Mariya Gabriel and the Foreign Secretary James Cleverly. This happens a month after British Minister Rishi Sunak and Bulgarian Minister Nikolay Denkov united in the fight against illegal migration and started discussions for organization of a Bilateral Forum.

The new “Joint Declaration on the UK-Bulgaria Strategic Partnership” also reflects a shared ambition to further enhance close cooperation, including an increase in academic mobility, R&D and digital trade, as well as boosting links between businesses through the Bulgaria Expansion Bridge, which supports companies to set up in the UK.

BEX (Bulgarian Expansion Bridge), an initiative created with the support of both embassies the Bulgarian Embassy in England and the British Embassy in Bulgaria, and multiple other organistions from the Bulgarian Ecosystem incl. BBBA, symbolises an unwavering commitment to the removal of barriers for businesses seeking to expand their operations on an international scale.

Mentioning BEX in the official agreement for strategic cooperation between Bulgaria and England is a serious declaration of institutional support from both sides," shares Krassimir Kiryakov, Head of Commercial and Economic Section, Embassy of Bulgaria in London.

Highlighting the importance of this important announcement, Genoveva Christova-Murray, successful entrepreneur and Founding Board Member of BEX, expressed: "I am simultaneously happy and proud that after all the efforts with my colleagues, BEX is established now as a Hub supporting Bulgarian companies to establish and develop themselves first in the British market, and later on to global markets! This is just the beginning! Our main goal is re-branding of Bulgaria to position it as a strategic partner of investors in technological innovations in England."

By fostering collaboration, BEX reinforces commitment to making global business seamless and prosperous. The Joint Declaration on the UK-Bulgaria Strategic Partnership signifies a new era of collaboration, innovation, and economic growth. BEX is at the forefront of this transformative journey, breaking down barriers and opening doors for businesses to flourish in the U.K. Among the most promising industries for breaking the barriers of the British market are the B2B technology sectors and because of this the pilot programme of BEX kicking off this November is focused on business-to-business AI (Artificial Intelligence) Companies. For BEX: Bulgarian Expansion Bridge is a Non-Profit Organisation uniting private companies, public bodies, and individuals with a shared mission to empower the international expansion of Bulgarian businesses worldwide, starting with London.

For more information, please visit: https://bexbridge.com/

Related reports

Compare