Minister Dilov and U.S. Embassy Chargé d’Affaires Susan Falatko Discuss Deepening Economic Partnership

The Minister of Economy and Industry, Petar Dilov, met with the U.S. Embassy’s Chargé d’Affaires in Bulgaria, Ms. Susan Falatko. The two discussed opportunities for deepening economic partnership and increasing bilateral trade.

Minister Dilov highlighted the importance Bulgaria places on its relationship with the United States as a strategic partner and emphasized the development and expansion of bilateral trade and investment ties.

He noted that in 2024, trade between the two countries reached 1.58 billion USD, with Bulgarian exports to the U.S. amounting to 1.12 billion USD and imports totaling 456 million USD.

During the meeting, key areas for economic cooperation were discussed, including the conduct of a strategic dialogue between Bulgaria and the U.S., encouraging American investment in the Bulgarian economy, and the country’s accession process to the Organisation for Economic Co-operation and Development (OECD).

"Attracting American investments in sectors such as the automotive industry, electronics, information technology, robotics, and artificial intelligence is of key importance to us," emphasized Dilov. According to him, the goal is to foster partnerships that bring high added value and promote Bulgaria’s technological development.

“We rely on our joint cooperation to outline specific steps for advancing our economic relations. The Ministry of Economy and Industry will continue to provide full support in this direction,” the Minister said.

On her part, Chargé d’Affaires Susan Falatko stated that the United States appreciates Bulgaria’s efforts to improve its investment climate and underlined the importance of the partnership between the two countries for sustainable economic development. “The election of a regular government in Bulgaria provides the stability and predictability that are key to attracting investments,” Falatko said.