Invest in Bulgaria - The Preferred Partner of Investors Seeking Opportunities in Bulgaria
GUGUSHEV & PARTNERS is among the leaders on the Bulgarian legal market Comprehensive Organization of MBA and EMBA Study Trips in Bulgaria
FDI in Bulgaria (13)
Health (4)
Macroeconomic Data (49)
Business (361)
Investments (155)
Infrastructure (97)
Financial (126)
Economy (350)
Construction (14)
Politics (62)
Real Estate (27)
Interesting Facts (24)
Sports (10)
Software and Information Technology (28)
Real Estate (56)
Tourism (112)
Waste Management (9)
Automotive (23)
Electronics (3)
General (81)
Renewable Energy (66)
Agriculture (22)
Construction (90)
Food and Beverage (20)
Textile (2)

Bulgaria, Brazil Deals Needed to Compliment EU-Mercosur Ties
Date: 13/10/2010
Bulgaria, Brazil Deals Needed to Compliment EU-Mercosur Ties

An agreement for the avoidance of double taxation between Bulgaria and Brazil is believed to boost the economic ties between the two countries.

This is the conclusion of a meeting of Bulgaria's Honorary Consul in Brazil Joao Vaz, and the Bulgarian Chamber of Commerce and Industry (BCCI).

An agreement for the encouragement and mutual protection of investments is also said to be very important, should the two countries want to expand their economic exchange.

The BCCI thinks Bulgaria's relations with Brazil have much to offer in terms of untapped potential, especially as Brazil, which is the second largest BRIC economy after China and ahead of India and Russia, is expected to surpass Italy to become the 7th largest economy in the world.

In 2009, Bulgaria's trade with Brazil was USD 211 M, a 35% decline compared with the peak levels from 2008; its export was USD 40 M, while its import from Brazil amounted to USD 171 M.

The need for Bulgarian-Brazilian agreements on double taxation avoidance and investments have been emphasized despite any existing deals between the EU and Mercosur.

Bulgaria's Honorary Consul to Brazil Joao Vaz has committed to sounding out the opportunities for creating a Bulgarian-Brazilian Chamber of Commerce, an idea supported by the BCCI.

Topic: Business

Featured District
Invest Bulgaria Charts
Exports of Goods and Services of Bulgaria
Exports of Goods and Services of Bulgaria

Producer Price Index of Bulgaria (change %)
Producer Price Index of Bulgaria (change %)

See all charts
Did You Know?
Bulgarians Abroad
Bulgarians Abroad
More than 100,000 Bulgarians live in Chicago ... More

Vasil Levski national stadium - one of Bulgarias biggest sport sites - is located in the center of Sofia. Reconstructed in 2002, it has 43,632 seats and is eligible to host UEFA cup final matches.

Intelligence Pathways - Outsource your Business, Competitive Intelligence or Back Office to Bulgaria

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2021 Invest Bulgaria Group Ltd, Sofia, Bulgaria. All rights reserved.

Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.

Лимузини под наем Electric and Hybrid Modules Repair SEO оптимизация Bulgaria Translation Bulgarian Agriculture
Bulgarian Textile Sofia Web Works Bulgarian Coins Intelligence Pathways Bulgarian Outsourcing

Crafted by Sofia Web Works. Maintained by Website Maintenance, the kings of Website Migration.

Our Featured Members