Stoyanov served as President of the Republic of Bulgaria from 1997 to 2002. He won the 1996 presidential election as a candidate of the Union of Democratic Forces (UDF).
From 1992 to 1993 Mr. Stoyanov was Deputy Minister of Justice in the first non-communist (UDF) government of Bulgaria since 1944. In 1994, as the holder of a doctorate in law, he was elected as a member of the 37th National Assembly in Bulgaria and in 1995 he was elected Deputy Chairman of the UDF. Petar Stoyanov is an active and passionate promoter of democracy and European ideals.
In 2002 he founded the “Petar Stoyanov Centre for Political Dialogue”. He is a member of several different international associations, including the Clinton’s Global Initiative, the Board of Global Fairness Initiative, the Judging Committee of the European Business Awards, the Board of Trustees of the Nizami Ganjavi International Center, the International Advisory Board of the American Bar Association, Honorary co-chair of the World Justice Project and is a member of the European Executive Committee of the Trilateral Commission. Additionally, he has been the winner of numerous awards like the Anti- Defamation League’s Courage to Care Award and the Annual Award of the Association of the Russian Lawyers. In September 2004, he was Appointed Special Envoy for Moldova of the OSCE Chairman-in-Office.