The President: The Cooperation between Bulgaria and Japan Should Focus on Science, Innovations and the Potential of Young People

What lies behind Bulgaria's aims to deepen the business contacts between Bulgaria and Japan is the ambitions to have the bilateral partnership model develop an economy with a high added value, innovations and high technologies. This provides opportunities not only for our young people, but also for developing research activity. This is what President Rumen Radev said at a meeting for promoting investment cooperation with Japan. The Head of State was host of the event and the meeting was attended by representatives of some of the biggest Japanese corporations, some of which are visiting Bulgaria for the first time and also by representatives of the Bulgarian business. The foreign companies participating in the meeting realize an annual turnover of more than 390 billion US dollars, the presidential press office reported.

"Japan is Bulgaria's key partner in the region of Southeastern Asia, not only in terms of the volume of bilateral trade, but also above all in terms of prospects, because there are already Japanese investments in Bulgaria, namely in high technologies and industries with high added value," President Radev said. He noted that the cooperation with Japan develops the potential and creativity of the young Bulgarians, who are Bulgaria's biggest asset. The President highlighted as our country's advantages the strategic location, the economic opportunities and above all the qualified workforce.

"Bulgaria enjoys excellent prospects for intensifying the research-development activity, which should be encouraged," Rumen Radev further said. The President called for launching joint educational projects and gave as an example the agreement signed between the Technical University of Gabrovo and the Seijo University in Japan for a joint Master's...

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