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Article: MIDDLE EAST: BULGARIA'S LACK OF TRADE WITH ARAB WORLD SHOULD BE REEVALUATED.(Brief Article)
- Article from:
- IPR Strategic Business Information Database
- Article date:
- August 1, 2001
CopyrightCOPYRIGHT 2001 Info-Prod (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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According to Sofia Standart (July 27, 2001), Bulgaria's ongoing stance against trade with the Arab world is considered by some to be detrimental to its economy. During the 1970's and 1980's, nearly 70 percent of Bulgaria's revenue from foreign exchanges came from Arab nations. Since the fall of communism, however, relations with the Arab world suffered significantly. Prior to the political changeover $1.2 billion worth of exports reached the Arab world. ...
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