Български
English
Minister of Tourism Nikolina Angelkova met with the Prince of Saudi Arabia Sultan bin Salman bin Abdulaziz Al Saud
The Minister of Tourism Nikolina Angelkova met with the Prince of Saudi Arabia Sultan bin Salman bin Abdulaziz Al Saud. The meeting was held in the framework of the 105th session of the Executive Council of the UN World Tourism Organization, which is held in Madrid, Spain.
The two discussed plans for promoting cultural and historical heritage in Bulgaria and Saudi Arabia. A focus of their discussion concerned the opportunities for foreign investment in the tourism sector in Bulgaria. Minister Angelkova stated that over EUR 44 billion of foreign direct investment poured in for a period of 20 years and 27 projects in tourism were awarded investment-class certificates.
In October 2016, when H.M. Sultan bin Salman bin Abdulaziz Al Saud was on a visit to Bulgaria, a Memorandum of Understanding for cooperation in tourism between the two countries was signed. The document provides a basis for development of traditionally good bilateral relations not only in this sector but in other sectors of the economy.
During last year’s visit to our country Minister Angelkova familiarized Prince Al Saud with the advantages of Bulgaria as a sustainable and year-round tourist destination and as a good environment for investment with financial stability and low taxes.
The Prince is the eldest son of the Arab country’s current king Salman bin Abdulaziz Al Saud, as well as President and Chair of the Board of Directors of that country’s Commission for Tourism and National Heritage.
