Bulgarian Prime Minister Boyko Borissov (R) and South Korean Prime Minister Lee Nak-yon attend a joint press conference in Sofia, Bulgaria, on Oct. 25, 2017. Bulgarian Prime Minister Boyko Borissov on Wednesday invited his visiting South Korean counterpart Lee Nak-yon to invest in information technology (IT) and car manufacturing sectors. (Xinhua/Zhan Xiaoyi)
SOFIA, Oct. 25 (Xinhua) -- Bulgarian Prime Minister Boyko Borissov on Wednesday invited his visiting South Korean counterpart Lee Nak-yon to invest in information technology (IT) and car manufacturing sectors.
The two countries had the potential to cooperate in areas such as agriculture, energy and shipbuilding, but he wanted priority to be given to IT and production of electric cars, Borissov said.
He highlighted good industrial conditions in Bulgaria such as stability, low taxes and a skilled workforce.
Referring to tensions in the Korean Peninsula, Borissov said he would support peaceful resolving of the issue through negotiations during the rotating Bulgarian presidency of the Council of the European Union in 2018.
South Korean Prime Minister Lee expressed her gratitude for Bulgaria's position on the Korean Peninsula's nuclear issue.
Lee said Borissov in particular called for investment from South Korean companies Hyundai and Samsung Electronics.
Later on Wednesday, Lee will meet with Bulgarian President Rumen Radev.
