Poland sees India as a global economic leader and wants to build stronger and more stable trade relations with New Delhi, Polish Finance and Economy Minister Andrzej Domanski has said.
Speaking on the sidelines of the G20 Trade Ministers’ Meeting, Domanski highlighted India’s economic growth and democratic system while outlining Warsaw’s approach to expanding commercial engagement with India.
“We see India as a global leader,” Domanski said, describing India as one of the world’s largest economies and a country experiencing high GDP growth. He also emphasised the importance Poland places on its economic relationship with democratic partners.
The Polish minister said greater stability and predictability in international economic relations had become increasingly important amid a rapidly changing global environment. Poland, he said, wants to develop strong and stable trade relationships with partners such as India.
Domanski also expressed support for closer economic ties between India and Europe, saying he hoped Poland, the European Union and India would become much closer trade partners.
He noted that India and Poland still have considerable scope to expand bilateral trade and investment. While cooperation between the two countries has been improving, Domanski said the potential for further development remained significant.
The minister also pointed to progress at the India-EU level, while noting that individual EU member states have an important role in strengthening their own commercial relationships with India.
India and Poland elevated their bilateral relationship to a Strategic Partnership during Prime Minister Narendra Modi’s visit to Warsaw in August 2024. The two countries adopted an action plan for 2024-2028 covering areas including political dialogue, trade and investment, defence and security, technology and energy.
The strengthening of India-Poland economic ties comes amid broader efforts to deepen trade and investment relations between India and the European Union. Warsaw’s emphasis on stable commercial engagement adds to the growing European interest in expanding economic cooperation with New Delhi.
For India and Poland, the Strategic Partnership provides a framework for widening cooperation beyond traditional areas and developing stronger links in trade, investment, technology and other sectors.
