On 10 June 2016 in Nigbo in China the rector of Todor Kableshkov University of Transport in Sofia in Bulgaria Dr. h. c. Prof. Ing. Petar Kolev, DSc. and the quaestor of the School of Economics and Management in Public Administration in Bratislava Doc. Ing. Ľuboš Cibák, PhD. MBA signed a new bilateral agreement on mutual cooperation during the meeting of the forum of the representatives of universities with the focus on entrepreneurship, economics and management and negotiating the strategy of possible cooperation within the project „One belt, One road“ of the countries of the so-called Silk road.
This agreement enables to extend cooperation in all areas of activity of higher education institutions until 2021.