ArmInfo. Bulgarian Ambassador to Armenia Nikola Nikolov visited the Bulgarian Chamber of Commerce and Industry and met with its President Tsvetan Simeonov. The meeting discussed issues related to the development of trade and economic relations between Bulgaria and Armenia, as well as the potential for strengthening cooperation between the two chambers.
According to the press service of the Bulgarian Embassy in Armenia, the renewal of the 2003 Cooperation Agreement between the Bulgarian Chamber of Commerce and Industry and the Armenian Chamber of Commerce and Industry was discussed.
The agenda also included expanding the exchange of information on investment and business opportunities, promoting international fairs and exhibitions, organizing online presentations and business forums and mutual visits by business delegations. Agriculture and the food industry, along with existing market niches for Bulgarian products in Armenia, were highlighted as promising sectors for developing cooperation.
Nikolov also emphasized the significant potential for tourism development, citing the lack of direct flights and the need for more active promotion of Bulgarian resorts as key challenges.
Bulgaria is currently one of the fastest-growing exporters of Armenian goods among European Union countries. Between January and November 2025, a temporary decline of 21.6% (to $92.7 million) was recorded, but the beginning of 2026 was marked by a sharp recovery. Exports from Armenia to Bulgaria amounted to $45.5 million, 5.7 times more than in the same period last year.
