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MoC to raise trade & investment relations with Poland

28 May '08
3 min read

Some of the major Polish companies that have investments in India are TZMO S.A. and Polfarma. Prominent Indian names in Poland are Videocon, Ranbaxy, Mittal Steel, Reliance Industries etc.

Following Poland's accession to the European Union in 2004, India and Poland signed a new Agreement in Budapest on 19th May 2006 whereby it was decided to establish the Joint Commission afresh to discuss the development of, identify new possibilities for and draw up suggestions and proposals for economic cooperation. This meeting on 27th May 2008 is the first session after signing of the 2006 Agreement.

The Polish delegation included Mr. Marian Zalewski, Undersecretary of State, Ministry of Agriculture and Mr. Krzysztof Hubert £aszkiewicz, Undersecretary of State, Ministry of Treasury, besides a host of officials from Ministry of Finance, Ministry of Agriculture, Ministry of Foreign Affairs, and, Polish Investment Promotion Agency and businessmen. The official Indian delegation included representatives from the Ministry of Commerce & Industry, Ministry of External Affairs, Ministry of Finance, Ministry of Heavy Industries & Public Enterprises, Ministry of Power, Ministry of Chemicals & Fertilizers, Ministry of Agriculture, Ministry of Small Scale Industries, Ministry of Food Processing Industries and others.

The Polish business delegation comprised of representatives from ZMM-KOPEX Group, FAMUR Group, Polish Oil & Gas Company, Geofizyka Toruñ, BUMAR Groupand SIGMA.

The Indian business side was organized by the apex Industry Association, FICCI and included speakers like Mr. Madhu Kotak, Chairman, FICCI India-Poland Joint Business Council and Mr. Rajan Kohli, Deputy Secretary General, FICCI.

Press Information Bureau Government of India

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