trade between India and Poland has crossed $ 3
billion in 2017 and the European country is exploring various sectors to
improve the trade balance, the Polish envoy to India said here on Monday, April
"The bilateral trade volume crossed $3 billion
mark in 2017 and it is around $3.1 billion. Of the total trade, India's export
to Poland was $2.3 billion while polish export to India stood at $800 million.
It has been a good achievement. Still, there is imbalance and we are trying to
reduce this (imbalance) and exploring all possible sectors," said Polish
Ambassador Adam Burakowski.
However, both the countries had drawn up a blueprint
for stepping up investments and identified a series of actions to raise trade
from the 2014 level of $2.3 billion to $5 billion by 2018, he said, adding that
India is one of the five priority countries in Responsible Development Strategy
Possible areas for India-Polish joint venture
include energy including clean technologies, mining, food and food
processing, defence and R&D.
India and Poland have common goals in the energy
sector as both countries rely on coal as their main
source of energy and a possible platform for India-Polish cooperation includes
clean coal technologies and
low emission technologies,
Burakowski said at an interactive session organised by Merchants' Chamber of
On West Bengal, he said a delegation from the
state is expected in the European Economic
be held at Poland's Katowice on May 14-16 and a panel discussion would also be
organised relating to the eastern European country and the eastern Indian
As a follow up to the Polish delegation's
participation in the Bengal Global Business Summit (BGBS), his country has
formed a small working group with senior officials from different ministries
including energy to find out more, he added.