1 hr ago
Poland Seeks Closer India-EU Trade Ties, Calls India Global Leader
Poland wants to do more business with India.
A Polish minister said India is a very important and fast-growing economy.
He also said India’s democratic system can make business relationships easier.
Poland wants trade between the two countries to be steady and predictable.
The minister hopes Poland, India and the European Union will become closer trading partners.
He said India and Poland can still greatly expand their trade.
The countries became Strategic Partners during Narendra Modi’s visit to Poland in August 2024.
Their cooperation plan includes trade, investment, technology, energy and security.
Polish Finance and Economy Minister Andrzej Domański called India a global economic leader and a democracy.
Domański said Poland wants stronger, more stable trade relations with India.
He expressed hope that Poland, the European Union and India become closer trade partners.
He said India and Poland still have significant potential to expand bilateral trade.
India and Poland elevated ties to a Strategic Partnership during Prime Minister Narendra Modi’s 2024 visit to Warsaw.
- Who
- Andrzej Domański, Poland’s Finance and Economy Minister, discussed stronger trade ties with India and the European Union.
- What
- Poland is seeking closer, more stable commercial and trade relations with India and the European Union.
- Where
- The interview took place in Milwaukee on the sidelines of the G20 Trade Ministers’ Meeting.
- When
- The comments were made during the G20 Trade Ministers’ Meeting; India and Poland established a Strategic Partnership in August 2024.
- Why
- Poland wants more predictable economic relationships and believes India’s economic growth and democratic system make it an important trade partner.
Key facts
- Speaker
- Andrzej Domański, Poland’s Finance and Economy Minister
- Main objective
- Stronger and more stable trade relations between Poland and India
- Broader objective
- Closer trade ties among Poland, India and the European Union
- Meeting
- G20 Trade Ministers’ Meeting in Milwaukee
- Strategic Partnership
- India and Poland elevated their relationship in August 2024
- Action plan
- The 2024–2028 plan covers trade, investment, defence and security, technology, energy and political dialogue
- Trade potential
- Domański said substantial potential remains to improve bilateral trade
Quotes
Andrzej Domanski
Poland’s Finance and Economy Minister
“Frankly, I do hope that... Poland, the European Union and India will be much closer trade allies, trade partners than they are today.”
thehansindia.com
“We see India as a democracy, which is very important and a country with which we want to build stable economic ties.”
thehansindia.com
Sources
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