Nu Boyana film studios in the Bulgarian capital city of Sofia.
Bulgaria’s Cabinet has approved a draft inter-governmental agreement with Israel on film co-productions that will contribute to the production of big screen and television movies and their distribution in Israel and Bulgaria.
The agreement, which establishes the framework for common contractual legal relations between Bulgaria and Israel in this area, is expected to be signed soon by the culture ministers of the two countries.
Bulgaria has presented to Turkey an equivalent draft agreement on film co-productions which is expected to be signed in June 2012, Culture Minister Veshdi Rashidov said in an interview with daily Standart.
Variety said that Israel is not a member of the European Co-production Convention, unlike Bulgaria, but relies on bilateral treaties, such as those with Germany, France, United Kingdom, Poland, Hungary, Canada and other countries, to create the legal framework for co-operative ventures.