Iran, Poland take strides to­wards bet­ter eco­nomic co-op

Tehran Times - - ECONOMY - By Ebrahim Fal­lahi

TEHRAN – As two coun­tries with huge po­ten­tial for eco­nomic growth, Iran and Poland are tak­ing new mea­sures for de­vel­op­ing non-oil eco­nomic co­op­er­a­tion with small and medium en­ter­prises (SMEs) on fo­cus.

As part of the ef­forts re­gard­ing the men­tioned eco­nomic goals, the two sides are fo­cus­ing on as­pects like fa­cil­i­ta­tion of col­lab­o­ra­tion be­tween the two coun­tries’ com­pa­nies and traders and also ex­chang­ing trade del­e­ga­tions in or­der for their busi­ness­men to get fa­mil­iar with the po­ten­tials of the tar­get mar­kets.

In do­ing so, re­cently a high-rank­ing trade del­e­ga­tion com­pris­ing busi­ness­men, of­fi­cials and rep­re­sen­ta­tives from the Pol­ish Min­istry of En­trepreneur­ship and Tech­nol­ogy have vis­ited Tehran in as­so­ci­a­tion with Pol­ish In­vest­ment & Trade Agency, For­eign Trade Of­fice in Tehran to both at­tend the 14th In­ter­na­tional Ex­hi­bi­tion for Mines, Con­struc­tion Ma­chin­ery and Re­lated In­dus­try and Equip­ment (Iran ConMin 2018) and also as­sess Iran’s mar­ket for fur­ther po­ten­tial co­op­er­a­tion.

At­tended by of­fi­cials and jour­nal­ists from dif­fer­ent agen­cies, a press con­fer­ence was held on Novem­ber 3 in Tehran in or­der to in­tro­duce the coun­try’s ca­pa­bil­i­ties and po­ten­tials for fu­ture co­op­er­a­tion with Iran.

What comes be­low is a sum­mary of the in­for­ma­tion shared at the above men­tioned events.

The Pol­ish in­dus­try & for­eign trade

Poland is the eighth largest econ­omy in the Euro­pean Union and the largest among the for­mer East­ern Bloc mem­bers of the Euro­pean Union. The largest com­po­nent of its econ­omy is the ser­vice sec­tor (62.3 per­cent) fol­lowed by in­dus­try (34.2 per­cent) and agri­cul­ture (3.5 per­cent).

Ex­pe­ri­enc­ing a steady eco­nomic growth for the past 26 years, the coun­try is sig­nif­i­cantly fo­cus­ing on devel­op­ment of for­eign trade in var­i­ous fields in­clud­ing the in­dus­try sec­tor in or­der for the ex­pan­sion of eco­nomic growth both in EU and other re­gions in­clud­ing the Mid­dle East.

One of the Pol­ish gov­ern­ment’s main steps for achiev­ing this goal has been the es­tab­lish­ment of In­vest­ment and Trade Agency of­fices in the coun­tries which are go­ing to be the tar­get mar­kets for fu­ture co­op­er­a­tion - which in­cludes Agency’s For­eign Trade Of­fice in Tehran.

The Pol­ish In­vest­ment and Trade Agency (Pol­ish: Pol­ska Agencja In­west­y­cji i Handlu, ab­bre­vi­ated to PAIH) is a Pol­ish gov­ern­ment agency which pro­motes Poland’s trade sec­tor, along with in­vest­ment op­por­tu­ni­ties.

Aside from the pro­mo­tion of Poland for eco­nomic in­vest­ment, PAIH also as­sists in­vestors to over­come the ad­min­is­tra­tive and le­gal hur­dles of in­vest­ing in Poland or in desti­na­tion mar­kets. The agency con­ducts in­vestor sur­veys to de­ter­mine the out­look of the in­vest­ment cli­mate in Poland and over 52 tar­get mar­kets among which Iran stands as one with great po­ten­tial.

Iran and Poland trade

De­spite the quite un­sat­is­fac­tory lev­els of trade, Iran and Poland have a long his­tory in eco­nomic co­op­er­a­tion.

The trade turnover be­tween the two coun­tries has in­creased from $80 mil­lion in 2015 to about $230 mil­lion in 2017 of which the share of Ira­nian ex­ports to Poland was about $90 and the Pol­ish ex­ports to Iran stood at about $140 mil­lion.

Crude oil and oil prod­ucts, petro­chem­i­cals as well as food prod­ucts have been among the top Ira­nian com­modi­ties be­ing ex­ported to the Euro­pean coun­try while agri­cul­tural ma­chin­ery, food prod­ucts, med­i­cal equip­ment and in­stru­ments, glass and home ap­pli­ances are some of the main im­ported prod­ucts from Poland in 2018.

Ac­cord­ing to Szu­mon Klus, the rep­re­sen­ta­tive of the Min­istry of En­trepreneur­ship and Tech­nol­ogy of Poland, the trade turnover be­tween the two coun­tries in the first half of 2018 ex­pe­ri­enced a 20 per­cent in­crease com­pared to the last year’s fig­ure most of which is due to the in­crease in ex­ports from Iran to Poland.

Jaroslaw Kaczyn­ski, the head of Pol­ish In­vest­ment and Trade Agency, For­eign Trade Of­fice in Tehran also said since March 2017 over 150 Ira­nian com­pa­nies as well as 400 Pol­ish coun­ter­parts have voiced in­ter­est for trade and in­vest­ment and con­se­quently re­ceived the Agency’s ser­vices and con­sult on the mat­ter. This is a clear in­di­ca­tion of the fact that, with the bases and con­di­tions pro­vided, there is a great ten­dency for eco­nomic co­op­er­a­tion in both sides.

“The Pol­ish In­vest­ment and Trade Agency, For­eign Trade Of­fice in Tehran is still open and this is a clear in­di­ca­tion that the Pol­ish gov­ern­ment is look­ing for­ward for ex­pan­sion of trade with Iran.” Klus said in the press con­fer­ence.

Some of the Pol­ish com­pa­nies which par­tic­i­pated in the Iran ConMin 2018 ex­hi­bi­tion also ex­pressed great in­ter­est in ex­pand­ing their ac­tiv­i­ties in Iran and hoped for fur­ther co­op­er­a­tion un­der de­sir­able cir­cum­stances.

The two coun­tries are also work­ing on plans for ex­chang­ing trade del­e­ga­tions through cham­bers of com­merce.

Ali Ma­habadi Pour, the Ira­nian busi­ness devel­op­ment man­ager of the Pol­ish In­vest­ment and Trade Agency, For­eign Trade Of­fice in Tehran said a meet­ing of Iran-Poland Joint Eco­nomic Com­mit­tee is sched­uled to be held on Novem­ber 12 in Tehran to fur­ther dis­cuss the eco­nomic co­op­er­a­tion be­tween the two coun­tries.

The di­rec­tor ex­plained that “es­tab­lish­ing an Iran-Poland joint cham­ber of com­merce is also on the agenda.”

co­op­er­a­tion in min­ing in­dus­try

As the re­gion’s lead­ing trade fair for the con­struc­tion ma­chin­ery, min­ing equip­ment, build­ing and nat­u­ral stone sec­tors, Iran ConMin has been a well-es­tab­lished plat­form for pre­sent­ing prod­ucts, in­no­va­tions and so­lu­tions in the min­ing in­dus­try to an at­trac­tive clien­tele in one of the most im­por­tant mar­kets in the Mid­dle East.

The 14th In­ter­na­tional Ex­hi­bi­tion for Mines, Con­struc­tion Ma­chin­ery and Re­lated In­dus­try and Equip­ment (Iran ConMin 2018) which was held from Novem­ber 2 to 5 at Tehran Per­ma­nent In­ter­na­tional Fair­grounds was seen a good start­ing point for tap­ping the great po­ten­tials of the two coun­tries for eco­nomic co­op­er­a­tion.

Mov­ing in the path of be­com­ing one of the EU’s top in­dus­tri­al­ized coun­tries, Poland has ad­vanced greatly in pro­duc­tion of min­ing, in­dus­trial and agri­cul­tural ma­chin­ery. Since the coun­try has some of the EU’s big­gest coal and lig­nite mines the coun­try’s min­ing in­dus­try and ma­chin­ery is built on years of ex­pe­ri­ence in this area.

In 2017, Poland pro­duced 70.4 mil­lion tons (mt) of coal, be­com­ing the Euro­zone’s

10th big­gest coal pro­duc­ing coun­try. Lig­nite, cop­per and salt are also among other top min­ing prod­ucts in this coun­try.

Poland’s in­dus­trial ma­chin­ery are cur­rently be­ing ex­ported to a great num­ber of coun­ties among which Rus­sia, Ukraine, China, Ar­gentina, In­dia, Kaza­khstan and Turkey could be men­tioned.

On the other hand, Iran is one of the most im­por­tant min­eral pro­duc­ers in the world, ranked among 15 ma­jor min­eral-rich coun­tries, hold­ing some 68 types of min­er­als,

37 bil­lion tons of proven re­serves and more than 57 bil­lion tons of po­ten­tial re­serves worth

$770 bil­lion.

There­fore, con­sid­er­ing the two sides’ huge po­ten­tial in this area, min­ing sec­tor could be con­sid­ered as a turn­ing point for the two coun­tries’ plans for de­vel­op­ing their eco­nomic re­la­tions.

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