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. Last Updated: 07/27/2016

Bulgaria, Moscow Talk Trade

Senior Russian and Bulgarian economic officials held talks in Moscow on Tuesday on trade, oil projects and the possible return to Bulgaria of nuclear waste that Russia imports and reprocesses, media reports said.

Trade between Russia and Bulgaria is expected to increase to $1.7 billion in 2002, said former Prime Minister Yevgeny Primakov, who is now president of the Russian Chamber of Commerce and Industry.

"We attach great importance to these talks as Bulgaria is not developing its relations with the West at the expense of its relations with Russia," Interfax quoted Primakov as saying.

Bulgarian Deputy Prime Minister Nikolai Vasilev and LUKoil president Vagit Alekperov discussed joint projects, LUKoil said in a press release.

The 300-kilometer proposed pipeline would stretch from the Bulgarian port of Burgas on the Black Sea to Alexandroupolis, Greece, on the Aegean Sea. Implementation of the project will require closer cooperation between Russia, Bulgaria and Greece, Alekperov said.

Nuclear waste was also on the agenda, with Russia saying it would return the remains of nuclear waste Bulgaria had exported to Russia for treatment after several decades, Itar-Tass reported.