The Success of the Chambers of Commerce
The Chambers of Commerce have fully justified the hopes of their founders. They have become the centers of all commercial and industrial activity in the country. Many useful laws and measures adopted by the National Assembly and the Government have come from the wise and active work of these Chambers.
The Chambers have played an important role in major national matters such as creating new customs tariffs and signing commercial treaties with other countries. Since their establishment, the development of industrial legislation has made great progress, giving a strong foundation to national industries and technical education.
The Creation of Inquiry Offices and Commercial Museums
In 1902, the Chambers of Commerce were expanded with the creation of inquiry offices and commercial museums. These new institutions were given the duty of providing information about the credit and reliability of local traders, as well as details about Bulgarian products Sofia City Tour.
Foreign business firms and manufacturers can easily obtain accurate and reliable information from these offices and museums. Even in their short existence, these institutions have already proven to be very useful for both local and international trade.
Funding of the Chambers of Commerce
The expenses of the Chambers of Commerce are covered by the traders themselves. They pay a special additional tax that is added to the regular tax on trades and professions. The total annual budget for the four Chambers of Commerce is about 140,000 francs.
The Role of the Commercial Museums
The Commercial Museums aim to help develop local industries and make trade with foreign countries easier. Their main responsibility is to guide traders in improving the quality and design of their goods. When traders send samples to the museum, experts can suggest how to make the products better and help connect them with potential buyers.
The museums also help promote high-quality products that can compete successfully with foreign goods. In addition, they keep collections of modern tools and machines bought from abroad. These collections are available to all traders and manufacturers who wish to study new methods and technological improvements.
Through these activities, the museums support the Chambers of Commerce in their mission to advance trade, industry, and education throughout the country.