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President of India in Bulgaria leads delegation level talks; India and Bulgaria sign five agreements

The President of India, Shri Ram Nath Kovind, reached Bulgaria on September 4, 2018 on the second leg of his state visit to three European nations – Cyprus, Bulgaria and the Czech Republic, says a release.

On September 5, 2018, the President delivered an address at Sofia University on the theme “Education as an Instrument of Change and Shared Prosperity”. The address coincided with Teachers’ Day in India, commemorating the birth anniversary of Dr S. Radhakrishnan, India’s second President.

Speaking on the occasion, the President paid tributes to India’s teachers, scholars and academics adding that across continents, Indian scholarship and academic excellence are recognised and it earns India goodwill.

The President said the 21st century is an era of dramatic technological change and the university campuses of the 21st century are not just providers of degrees but also hubs of innovation and entrepreneurship and incubators of start-ups and small businesses driven by technology – and by creative minds buzzing with ideas and designing game-changing apps.

The President said that this is a revolution playing out in real time in India making India the world’s third-largest innovation and start-up hub. The start-up universe in India is creating not just jobs and wealth – but also intellectual property. India’s R&D investments are expected to touch US dollars 83 billion this year. This is an exciting ecosystem. He invited young Bulgarians to become a part of it. Bulgarians, he said, are among students from 166 countries studying in Indian universities and institutions of higher learning.

The President said his visit is aimed at further strengthening India-Bulgaria political relations and building an economic partnership. Subsequently, the President led delegation-level talks between the two sides. Speaking on the occasion, he said the all-round progress achieved by Bulgaria deserves recognition and admiration. India is also on a strong growth path. There is potential for us to enhance economic cooperation. We could collaborate in the fields of IT, defence, pharma, food processing, entertainment and tourism, among others.  

Following the delegation-level talks, bilateral agreements were signed and exchanged. India and Bulgaria have signed five agreements during President Kovind’s visit:

  • An agreement between Invest India and Invest Bulgaria
  • An agreement on cooperation in and facilitation of tourism
  • An agreement on enhanced science and technology cooperation
  • An agreement on civil nuclear research and cooperation
  • An agreement between the Indian Council of Cultural Relations and Sofia University to promote Hindi studies 
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