Банкеръ Weekly

Briefs

USA-BULGARIAN BI-NATIONAL CHAMBER OF COMMERCE ESTABLISHED

USA-Bulgarian Bi-National Chamber of Commerce, was set up, it was announced at a press conference on Tuesday, September 25. Ivan Petrov was elected President of the new non-for-profit organisation's Management Board, which inludes also Vesselin Mihailov and Zlatka Lessova. The chamber will assist business contacts between firms and natural persons, operating in the fields of trade, production, and leisure industry between the US, the Latin America, and Bulgaria. The new organisation is a member of the Association of Bi-National Chambers of Commerce (ABiCC), based in Miami, Florida. It was established in 1999 by the deceased Larce Hjumelhain, in order to unite the existing bi-national chambers of commerce all over the world. Mr. Hjumelhaim was Swede by origin, with whom Ivan Petrov met in Reykjavik, Iceland, where the latter studied business adminstration.Presently, the ABiCC has 42 member organisations, among them the Polish, Russian and Hungarian (which joined ABiCC before Bulgaria). On October 4 the presidents of all Bi-National Chambers and the Deputy Managing Director of the International Monetary fund (IMF) Eduardo Aninat will discuss in New York the installation and financing of a fund for investment and export crediting. The USA-Bulgarian Bi-National Chamber of Commerce has made its ambitious aim to present at that forum the Bulgarian manufacturers to the solvent American market and to search into the opportunities for finding alternative sources of crediting and access to high technologies and know-how. Agriculture, food industry, high technologies, and leisure industry will be the priorities in the activities of the USA-Bulgarian organisation. The main services, to be offered by the chamber to its members will include information and establsihment of contacts, orgnaization of joint meetings and seminars, trdae missions, and participation in exhibitions.The founders of the USA-Bulgarian Chamber of Commerce do not have apprehensions that the recent September 11 terrorist attacks on the US and the foreseen recession in the American economy would hamper the bilateral commercial relations.

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