ASSESSMENT OF THE POTENTIAL FOR DEVELOPMENT OF THE TRANSPORT AND LOGISTICS SYSTEM IN BULGARIA IN THE CONTEXT OF THE FORMATION OF TRANSCONTINENTAL LINKS IN EURASIA

Ivo Yotsov

Scientific paper ID 1606 : 2018/3

ASSESSMENT OF THE POTENTIAL FOR DEVELOPMENT OF THE TRANSPORT AND LOGISTICS SYSTEM IN BULGARIA IN THE CONTEXT OF THE FORMATION OF TRANSCONTINENTAL LINKS IN EURASIA

Ivo Yotsov

In the context of globalization and the deepening fragmentation of production, transport is beginning to play a decisive role in the development of global supply chains. It is impossible for countries to develop successfully without integration into the global economic system. The Republic of Bulgaria has a favourable geographic position as a link between Europe and Asia. This determines the significant potential of the national transport system - a link between Europe`s and Asia`s transport systems. The development of large-scale infrastructure projects allows the country to be an Eurasian transcontinental transport bridge in directions China, Japan, Southeast Asia - Europe, Russian Federation - Western Balkans, Central Asia - Central Europe and the Middle East - Northern Europe. Taking into account the revival of the Silk Road through the implementation of China`s One Belt, one road initiative, Bulgaria has the opportunity to build an efficient and technologically advanced transport system that successfully would implement the country`s transit potential.

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Черноморски регион Евразийски трансконтинентални транспортни връзки транспортен потенциал международни транспортни коридориBlack Sea Region Eurasian Transcontinental transport links transit potential international transport corridorsIvo Yotsov

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