PM Kiril Petkov: Bulgaria should become a gateway for American investments in Europe

Prime Minister Kiril Petkov said that Bulgaria should become a gateway for American investments in Europe.

Together with US Assistant Secretary of State, Dr. Karen Donfried, he participated in a business breakfast organised by the American Chamber of Commerce in Bulgaria on May 19. Petkov thanked our United States allies for their support, especially in the energy sector.

Since Bulgaria, which is dependent on Russian gas, can diversify its sources so quickly at a price equal to or lower than that of Gazprom, this is indeed possible, the PM said. He stressed that the fight against corruption includes tackling foreign influences.

"We came in with the promise of anti-corruption. What I didn't know is that anti-corruption is actually also about curbing foreign influences on Bulgaria, and more precisely, influences from Russia. When the gas supply to Bulgaria was unilaterally cut off, it was not because we were not fulfilling our contract, on the contrary - it was simply decided as a political instrument to cut it off, and not a political instrument for Bulgaria, but a political instrument for Europe. We were simply the first on the line and they had to show that if their unilateral recommendations were not taken, Bulgaria would have no gas and this government would not last. That is why it was so important in the past three weeks to show that we can, that there is diversification, that no one can twist the arms of the democratic world and together we are strong and even the diversification was at a price equivalent and even lower than that of Gazprom", Kiril Petkov stressed.

US Assistant Secretary of State, Dr. Karen Donfried, pointed out that the US considers Bulgaria an important ally.

"Our biggest challenge is the Russian invasion of Ukraine. We believe that allies like Bulgaria, which provide vital assistance to Ukraine, are also important to our coalition. During Kiril Petkov's visit to the United States, Kamala Harris expressed gratitude for Bulgaria's support for Ukraine and solidarity in the face of Russia's attempt to undermine energy security and use energy as a weapon. Kirill Petkov has already announced in Bulgaria that LNG supplies from the United States are guaranteed. We are reaching out to Bulgaria at a time when Russia has slammed its doors in its face," said Dr. Karen Donfried, US Assistant Secretary of State.

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