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STAMEN YANEV and FAHAD AL GERGAVI - Executive Director of the Foreign Investment Agency in Dubai, signed a cooperation agreement

April 6, 2017

IBA Executive Director Stamen Yanev and Fahad Al Gergavi - Executive Director of the Agency for Foreign Investments in Dubai, signed a cooperation agreement.

The document provides for active interaction between the two organizations to attract investment. It is expected to extend the contractual legal framework necessary for strengthening the bilateral partnership and provide conditions for starting a business between the two countries. The agreement is intended to become an important mechanism to stimulate and support business in Bulgaria and Dubai and be the basis for developing closer trade relations and lead to an increase in bilateral investments. The mutual exchange of information on business forums and exhibitions will be a further step towards the mutual attraction of investments from both countries.

At the signing of the cooperation agreement was also attended by Bogdan Kolarov, Consul General of Bulgaria in Dubai and Dimitar Dimitrov, Commercial Attache of Bulgaria in Dubai.