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ECONOMIC IMPACT OF BRI INFRASTRUCTURE ON CHINA-BULGARIA RELATIONS: CURRENT SITUATION AND PROSPECTS

Authors
  • Jingxin Hu
  • Dimitar A. Tsenov Academy of Economics – Svishtov

Keywords
Sino-Bulgarian cooperation, development strategies, trade facilitation, Belt and Road Initiative, infrastructure construction.

Summary
Under the Belt and Road Initiative (BRI), infrastructure construction has profoundly impacted economic cooperation between China and Bulgaria. Particularly, the development of transportation infrastructure has played a crucial role in promoting trade cooperation between China and Europe. With the advancement of China's collaboration with Central and Eastern European countries and the implementation of the BRI, economic cooperation between China and Bulgaria has gradually strengthened. This article discusses the current status of economic cooperation between China and Bulgaria under the BRI, highlighting opportunities and challenges. It emphasizes the transformative potential of the BRI in strengthening economic partnerships and calls for continued cooperation between the two countries.

JEL: F14, F15, R42
Pages: 11
DOI:  https://doi.org/10.58861/tae.grdier.2024.01

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