Poland strengthens economic relations with Azerbaijan
22.02.2022
Expanding the list of beneficiaries of the Poland Business Harbour programme and Polish-Azerbaijani economic relations were the main topics of the meeting of the Deputy Minister of Economic Development and Technology, Grzegorz Piechowiak, with the Deputy Minister of Foreign Affairs of Azerbaijan, Khalaf Khalafov.
On the 30th anniversary of the establishment of diplomatic relations, Deputy Foreign Minister Khalaf Khalafov paid an official two-day visit to Warsaw.
We are interested not only in further developing trade exchange, but also mutual investments. We are delighted that Azerbaijan has joined the group of countries that will benefit from our Poland. We are delighted that Azerbaijan has joined the group of countries that will benefit from our programme Poland. Business Harbour. Thanks to this, another group of IT specialists will be able to find work in Poland.
- said Deputy Minister of Economic Development and Technology Grzegorz Piechowiak, who also serves as chairman of the Polish section of the Polish-Azerbaijani Intergovernmental Commission for Economic Cooperation.
The most promising areas of Polish-Azerbaijani cooperation include:
- infrastructure and logistics,
- construction,
- agriculture and agri-food processing,
- pharmaceutical sector,
- hydropower and
- new technologies.
Programme for professionals and startups
12 January 2022. Azerbaijan has joined the programme Poland. Business Harbour. The programme, which was established in 2020, was initially aimed at Belarusian companies and IT professionals who were given the opportunity to move to Poland on favourable terms. The positive effects of the programme led to a decision to expand its scope of activity - attracting foreign specialists from other industries, such as engineers, to our country. This resulted, among others, in extending the list of recipients of the Programme with companies and citizens from Armenia, Georgia, Moldova, Russia and Ukraine (July 2021).
The programme is coordinated by the Ministry of Economic Development and Technology and the Polish Investment and Trade Agency in cooperation with GovTech Poland at the Chancellery of the Prime Minister, the Ministry of Foreign Affairs, the Polish Agency for Enterprise Development and the Startup Hub Poland foundation.
Polish-Azerbaijani trade exchange
After 11 months of 2021, Polish-Azerbaijani trade reached USD 96.8 million. (decrease 13% y-o-y), of which Polish exports recorded a decline of 15% y-o-y, reaching USD 89.3 million. In contrast, Azerbaijani imports of goods to Poland recorded a 20% increase in the same period, reaching $7.5m. In 2020, trade between Poland and Azerbaijan amounted to USD 119.5 million (an increase of 35% y/y), including a 35% increase in Polish exports (about $113.1 million), and imports reached $6.5 million (an increase of 22.7% y/y).