The signing of MoU on Maritime Cooperation between Pakistan and Bulgaria

Pakistan and Bulgaria signed the ‘Memorandum of Understanding on Maritime Cooperation’ today in Bulgaria’s Ministry of Transport and Communication. From the Pakistani side, Ms. Mariam Madiha Aftab, the Ambassador of Pakistan to the Republic of Bulgaria, signed the MoU. In contrast, H.E. Hristo Alexiev, Deputy Prime Minister for Economic Policies and Minister of Transport and Communication of Bulgaria signed the document from the Bulgarian side.

The signing of this MoU will help the two countries formalize their collaboration in maritime affairs. Under the MoU, the two countries would expand and deepen cooperation on matters relating to marine transport, facilitate liaison between their respective bodies dealing with maritime affairs, increase private sector awareness & cooperation, create mutually beneficial economic opportunities, and promote investments in this critical field.

Speaking to the media after the signing ceremony, the Ambassador of Pakistan said that this MoU is another milestone in continuously strengthening the bilateral relations between the two countries and will help the respective authorities establish mutually beneficial collaboration. She also highlighted that the two countries held the fifth round of Bilateral Political Consultations earlier last month, during which proposals relating to the partnership between the two countries in diverse fields discussed.

On occasion, the Ambassador also held a separate meeting with the Minister of Transport and Communication of Bulgaria, during which proposals to enhance collaboration between the respective ministries of the two countries discussed.