Economic and Social Council (ESC) of The Republic of Bulgaria

This roundtable discussion involved the PBBM delegations with the top management of the Economic and Social Council. This discussion enables delegates to gain insights on the local business environment and exchange views on economic and social development. The roundtable discussion provides an opportunity for participants to explore potential areas of cooperation, identify common challenges and share best practices in promoting sustainable economic growth. This session was officiated by Prof. Ts. Dr. Kamal Yusoh, Assistant Vice Chancellor of Universiti Malaysia Pahang (UMP), Malaysia. The Economic and Social Council (ESC) in Bulgaria is known as an advisory body that plays a significant role in the country's socio-economic development. It is an independent institution established by the Bulgarian Constitution and operates under the ESC Act. The ESC consists of representatives from trade unions, employers' organizations, and other social groups, including NGOs. Its main purpose is to facilitate social dialogue and cooperation among various stakeholders to address economic and social challenges and formulate policies that promote sustainable development and social cohesion.