Nikola Stoyanov

Bulgaria: The Ministry of Economy will Unblock Arms Exports for BGN 1 Billion

The Ministry of Economy will unblock arms exports for BGN 1 billion (EUR 510,648,536). This was announced by the caretaker minister, Nikola Stoyanov, at a press conference.

According to him, the arms industry is currently "on its knees" due to delays in export approvals. The previous minister, Kornelia Ninova, did not convene a committee to approve eligible export requests.