Domański and central bank governor Adam Glapiński represented Poland at the meeting.
“Poland has a place at the most important decision-making table of the global economy,” Domański told Polish media, adding that the country had reached that position “thanks to the hard work of Poles and Polish entrepreneurs.”
He said the talks focused on the conflict in the Middle East, its impact on the global economy and trade, and the effect on oil prices.
Domański said one session was devoted to economic growth and that Poland had long argued growth should again become a central objective.
“Poland has for many months been repeating that we must focus again on economic growth, which should be a goal in itself,” he said, adding that he was pleased the US presidency of the G20 shared “exactly the same philosophy.”
He said Poland’s position as Europe’s fastest-growing economy allowed it to spend 5 percent of gross domestic product on defense and finance key investment projects.
The minister said participants also discussed imbalances in international trade. Poland, he added, has a balanced foreign trade position, though many countries had pointed to global risks linked to such imbalances.
Domański said Poland was using the G20 format to keep attention on Russia’s war in Ukraine.
He added that “high oil prices favor Putin’s regime” and that a swift end to the Middle East conflict was "in our best interest."
During his visit, Domański also met US Treasury Secretary Scott Bessent and thanked him for inviting Poland to the G20.
"Poland is constantly cited in the US as an example of a country that carried out a successful economic transformation, built strong institutions and eradicated corruption," Domański said, adding that Poland was often presented as an example of the path Ukraine could follow.
Domański welcomed Bessent’s announcement that waivers on sanctions covering Russian oil would not be extended.
“Sanctions are needed and sanctions work,” he said. “The Russian economy is clearly weaker than Putin and his allies try to present.”
He said Poland’s role was to “constantly push for further sanctions packages and fight sanctions evasion,” adding: “Poland will not stop in these efforts.”
(jh/gs)
Source: PAP