TURKEY - BULGARIA BUSINESS COUNCIL

Year of Establishment:1991
Chairman representing Turkey:Osman Ak
Company: Aksan Kalıp San. Ve Tic.A.Ş.
Counterpart Organisation: Bulgarian Chamber of Commerce and Industry
Counterpart Chairman: Tsvetan Simeonov
Company: Chairman of the Bulgarian Chamber of Commerce and Industry

The agreement for the DEİK/Turkey-Bulgaria Business Council was signed in 1991 in Sofia. The Business Council was reorganised in 1995 during a state visit by the then Chairman of the Republic of Turkey, Süleyman Demirel. Until then the Council’s activities were based on a Protocol of Understanding only. The Bulgarian Chamber of Commerce and Industry assumed the role of Counterpart Organisation.

The main purpose of the Business Council is to improve the volume of trade between the two countries and to encourage Turkish companies to take part in the Bulgarian privatisation process. The fact that Turkey and Bulgaria share a common border is an incentive for the cooperation of their respective business communities in its own right. While Bulgarian firms show a particular interest in Turkey’s food market and the country’s energy projects, Turkish companies are focussed on construction and contracting as well as infrastructure projects in Bulgaria. The Business Council maintains contacts with regional and sector businesses and organises delegation visits. 

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