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Last year, Europe was subjected to very serious pressure with the tariffs that President Trump introduced. The same was true for India, which, however, reached an agreement and reduced the tariffs to 18%, which is a great success for it. This was stated in the FACTI studio to Lili Marinkova by Dr. Petar Velev, chairman of the Bulgarian-Indian Business Chamber.
"We have come out of a period of stable predictable business realities and entered a stormy sea, where everyone is trying to achieve predictability in the markets. I think this agreement is very positive for Europe and in particular for Bulgaria", he explained.
Watch the entire conversation with Dr. Velev in the video: