Iran Daily

Poland ready to widen cooperatio­n with Iran’s mining sector

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Poland’s Ministry of Entreprene­urship and Technology voiced its willingnes­s to broaden cooperatio­n with Iran’s mining and industry sector, and said cooperatio­n between the two countries is on the right track.

Cooperatio­n with Iran provides a great opportunit­y for Polish companies to enter the regional market, Tehran Bureau Chief of Polish Investment and Trade Agency Jaroslaw Kaczynski was quoted as saying by Fars News Agency.

He reiterated that Iran is among major potential targets of the Polish manufactur­ers, and said, “Some 25 percent of the machinerie­s manufactur­ed in the European country are mining equipment, which majorly suit Iranian market due to its considerab­le capacity and the characteri­stics of Iranian mines.”

Kaczynski underlined that Iran has a strategic geographic­al location which can also be used as a corridor for regional markets.

“Several Polish brands are already present in the Iranian market and are operating in major coal mines,” he said, adding, “For almost 13 years, our machinerie­s have been operating in Iran, and we have granted support for around 150 Iranian companies and provided them multiple services via more than 450 Polish manufactur­ing ¿rms.”

Kaczynski underlined that trade between the two countries witnessed a remarkable 187.5 percent growth since 2015, which marks the landmark 2015 nuclear deal between Iran and major world powers.

“Trade between the two states stood at $80 million in 2015 but the ¿gure reached $230 million in 2017,” he added.

Goods traded between Iran and Poland mainly include agricultur­al machinerie­s, medical instrument­s, glass items, home appliances and food products.

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