Bulgaria's government has inked the memorandum on tourism cooperation signed the institutions of Bulgaria and Saudi Arabia in October.

The MoU is aimed at securing "sustainable development of the sector while considering local traditions and social values," the cabinet has said.

The two countries have confirmed the government-level commitment to expand ties between their tourism sectors "as a precondition for the creation of a favourable environment for deepening and making more active the bilateral cooperation in the field of tourism."

The MoU was signed on October 5 between the Bulgarian Tourism Ministry and the Saudi Commission for Tourism and National Heritage.