Bulgaria and Cyprus signed a protocol on cooperation in the field of tourism

22 February 2016

Minister of Tourism of the Republic of Bulgaria Nikolina Angelkova and Minister of Energy, Commerce, Industry and Tourism of the Republic of Cyprus Giorgos Lakkotrypis signed a Protocol on cooperation in the field of tourism. This happened in the presence of the Presidents of the two countries, Rosen Plevneliev and Nicos Anastasiades.

The Protocol provides that Bulgaria and Cyprus will implement measures on a reciprocal basis to promote the tourist flow between the two countries and cooperation in different types of tourism – cultural, pilgrim, yacht, cruise, sports, etc. Other areas of joint activities that are written down in the document are participations in international exhibitions, fairs, conferences and seminars, exchange of experience and information, including in the field of promotion of tourism, planning and marketing of tourism activities. The Contracting Parties will prepare combined tourism packages for customers from distant locations.

Bulgaria and Cyprus will exchange information on national legislation relating to incentives for foreign capital investment and joint ventures in tourism, as well as guarantees for protection of foreign capital imported as investment.

Later in the day, the ministers had a working meeting. During the discussion they analysed the experience of Cyprus in promoting tourist flows and the implementation of visa facilitation for a number of markets. They shared the view that both countries have many topics on which they can exchange information and their closeness can be used to develop joint products targeting distant markets. The two ministers shared the opinion that the protocol they had signed set a good foundation and that cooperation should be strengthened by making concrete steps.

 

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