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Bulgaria becomes regional center for agricultural cooperation between China and CEE countries

November 4, 2014


During the 9th Agro-trade and Economic Cooperation Forum between China and Central and Eastern European Countries held in Bucharest, Romania on October 29th, it became clear that Bulgaria will be playing the role of a regional center of cooperation in the field of agriculture. It was decided that an association for the promotion of agricultural cooperation between China and the countries of Central and Eastern Europe would be established in Sofia. The idea initially came from Bulgaria a year ago during the previous meetings between the 16 CEE countries and China.

According to Chinese Premier Li Keqiang, China plans to double its trade with the CEE countries and significantly increase investment over the next five years. China has already opened a credit line for CEE, totalling 10 billion US dollars. China is interested in investing in high-speed rail construction, ports, roads, as well as construction of power plants, including nuclear ones. China also has the intention to restore the mythical Orient Express, this time through ultrafast trains linking Beijing with Paris.