Acceleration of work on bilateral agreements between Bulgaria and Saudi Arabia in areas of economy and investments will send a positive signal

The acceleration of the signing of bilateral agreements between Bulgaria and Saudi Arabia for cooperation in the economic and investment spheres will give a positive signal to the peoples of the two countries and to the business community. This was the common position during the meeting in New York of President Rumen Radev and the Minister of Foreign Affairs of the Kingdom of Saudi Arabia Prince Faisal bin Farhan Al Saud, who is the head of his country's delegation at the 79th session of the UN General Assembly.

The excellent political dialogue and the potential of business in the two countries are solid prerequisites for the implementation of projects of common interest, it was stressed at the meeting.

High technology, communications, transport connectivity and logistics were highlighted as promising areas of bilateral partnership.

During the meeting, the latest escalation of tensions in the Middle East was discussed and a common concern was expressed about the expansion of the territorial scope of hostilities and the danger of involving new countries in the conflict.