Bulgaria Day Opens at Shanghai Expo

Bulgaria hopes to attract not only tourists, but also investments in technologies and communications from growing Chinese economy.

Bulgarian minister of economy Traicho Traikov opened Monday the official Bulgaria Day at Expo 2010 Shanghai, extending a hand for Chinese investors to Bulgaria.

Traikov discussed tourism and green economics with Zhao Wen, vice-mayor of Shanghai, stressing on the multitude of opportunities for tourism in Bulgaria.

“Tourism is not just trade – it's an experience,” said Traikov, adding that Bulgaria is working hard to make that experience as luring as possible.

Traikov added that Bulgaria has an enormous potential for attracting Chinese investors in telecommunications, information technologies and green energy.

He pointed out attracting investments and fostering R&D as chief priorities of the economic policy of the Bulgarian government. Traikov added that Bulgaria should take advantage of the considerable growth of Chinese economics at the time of a major world crisis.

During his visit in China, energy minister Traykov will hold talks with high-ranking officials from Shanghai municipality and Zhejiang province, and is expected to sign a Memorandum for cooperation with the Department of Trade of Zhejiang province.

The Bulgarian pavilion at Expo 2010 Shanghai has an area of 324 sq.m. and is situated in Zone C of the European pavilion. Its design combines radically modern elements with ideas from historic Lyuto's house in the Bulgarian town of Koprivshtica in a bid to relate the rich cultural history of the country. The theme of the Bulgarian participation at the Expo is “A City of Shared Heritage”.

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