Bulgaria Set to Develop Black Sea Indonesian Palm Oil Terminal

Bulgaria is now reported to be planning to want to develop a Indonesian palm oil terminal at one of its Black Sea ports. Photo by wordpress.com

Bulgaria is set to develop a terminal for imported palm oil at one of its Black Sea ports according to reports in the Indonesian press.

After Thursday’s reports of the Bulgarian government investing USD 30 M in the Indonesian fertilizer industry and looking to buy coal from East and South Kalimantan. Bulgaria is now reported to be planning to want to develop a Indonesian palm oil terminal at one of its Black Sea ports.

The plan is one of significant results of Indonesian economic and international relation officials’ meeting with Bulgaria in Bilateral Consultative Forum in Lombok, Indonesia on Thursday, vivanews.com stated.

Deputy Foreign Affairs Minister, Marin Raykov, and Deputy Minister of Economy, Energy and Tourism, Evgeny Angelov both attended the meeting.

The Bulgarian delegation welcomed Indonesia’s intention to conduct market expansion of Indonesian agricultural products to Europe. The products include cocoa, coffee, vanilla, black pepper and white pepper.

Aside from the economic collaboration, Indonesia and Bulgaria also signed a Visa-Free Agreement for Diplomatic and Working Passport Holders.

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