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Chinese NPC delegation discusses investments in Bulgaria

(Xinhua)

08:25, July 18, 2012

SOFIA, July 17 (Xinhua) -- A delegation of China's National People's Congress (NPC) discussed opportunities to promote Chinese investment in Bulgaria during a meeting with Bulgaria's Deputy Transport Minister Kamen Kichev, the transport ministry said on Tuesday.

The development of transport infrastructure projects in Bulgaria and the opening of direct air service between the two countries were identified as potential areas for cooperation, the press office of the Bulgarian transport ministry said on its website.

The opening of direct air link would significantly increase tourist flows between the two countries, the ministry said.

The Chinese delegation is headed by Vice Chairman of the NPC Foreign Affairs Committee Zha Peixin.

"The Chinese side has informed Deputy Minister Kichev that realization of a credit line for 10 billion euros (12 billion U.S. dollars) has been planned for implementation of projects for Central and Eastern Europe, which will be open to all countries in the region, including Bulgaria," the ministry said.

The NPC delegation on Monday held a meeting with President of Bulgaria's National Assembly Tsetska Tsacheva on boosting bilateral relations and parliamentary cooperation.

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