The two oldest chambers of commerce in Bulgaria and Romania are deepening economic cooperation

The two oldest chambers of commerce in Bulgaria and Romania are deepening economic cooperation

Today, November 21, a Memorandum of Cooperation was officially signed in Bucharest between representatives of the Ruse Chamber of Commerce and Industry and the Bucharest Chamber of Commerce and Industry. On the Bulgarian side, the document was signed by Margarit Vutov, chairman of RTIK, and on the Romanian side - by the chairman of BTIK, Kostika Mustatsa.

During the ceremony, a historical reference was also made to the roots of the two chambers - the Rousseau one dates back to 1890, and the Bucharest one - from 1860. Mr. Mustatsa commented that Bulgaria is a very suitable destination for Romanian business, because of the long history of cooperation between the two countries, and expressed hope that even after today's events, many new opportunities for the development of the cross-border region will be opened. He also touched on one of the main problems facing businesses on both sides of the Danube - the difficulties in crossing the border, and the need for joint work with the institutions to solve it.

This agreement aims to strengthen the economic cooperation and development not only of the regions of Ruse and Bucharest, but also indirectly of Bulgaria and Romania. The two organizations are committed to working together in search of new commercial opportunities, through the periodic exchange of market information, exchange of good practices in the field of commercial legislation in an effort to overcome legal obstacles to business development, and numerous market inclusion opportunities for its members.

In this regard, each of the parties will support the organization or participation in international fairs, specialized exhibitions, economic and technical fairs, information desks, symposiums, seminars, conferences and other means to promote trade exchange and expand economic cooperation.

The two chambers will also hold joint consultations in their activities in common international structures, first of all in the Danube Federation of Chambers of Commerce. 

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