Bulgaria's PM to Take Part in Business Forum in Lebanon

Lebanon's PM, Saad Hariri (L), and Bulgaria's PM, Boyko Borisov (R), during their meeting in Sofia in March 2010. Photo by EPA/BGNES

Bulgaria's PM Boyko Borisov is leaving on a three-day visit to Lebanon, where he will take part in a business forum and try to improve the economic cooperation between the two countries.

Borisov will also meet with Bulgarian nationals, living in Beirut, and with Lebanese students, who have studied in Bulgaria.

Lebanon is an important trade partner for Bulgaria. During his visit to Bulgaria in March, the Lebanese PM Saad Hariri stated that he would encourage the private sector in his country to invest in Bulgaria.

Hariri's country ranks 45 out of 182 countries, for amount of investments in Bulgaria in the last 15 years. On its part, Bulgaria is exporting mostly petroleum oils and minerals and is importing processed tobacco.