During the event, held as part of the Expo 2020 world fair, Polish economic institutions, including the Polish Investment and Trade Agency (PAIH), signed three agreements with their counterparts from the United Arab Emirates, designed to make bilateral trade easier, among other objectives, officials said.
The Polish Ministry of Development and Technology said in a statement that by taking part in Expo 2020, Poland was seeking to forge "a deeper understanding with the Arab countries" and create a business-friendly climate.
The Polish-Arab Economic Forum was a key Polish business event at Expo 2020 aiming to facilitate bilateral contacts as well as showcase the country's experience and potential in the export of products and services, the ministry said.
The forum allowed Polish companies to establish cooperation with business partners from the Persian Gulf region, officials added.
Polish Deputy Development and Technology Minister Waldemar Buda said his country "has always been a trusted business partner for the Arab nations," in part thanks to major infrastructure projects carried out in Iraq, Kuwait, Libya and Egypt in the 1970s and 1980s.
Moreover, “Poland is emerging dynamically from the pandemic-induced slowdown, with the economy expected to grow by 5 percent this year,” Buda told the conference.
(pm/gs)
Source: IAR, PAP