Poland seeks more investments from Singapore

Published: 15 February 2003 y., Saturday
He has even promised an 'ombudsman' who will look after the interests of foreign investors there and iron out any problems they may have. Mr Miller, who is on his first visit to Singapore and is accompanied by his wife and a business delegation, shared Prime Minister Goh Chok Tong's wish for greater business links between the two countries. At a lunch hosted by Acting Trade and Industry Minister Tharman Shanmugaratnam yesterday, he said laws in his country favoured foreign investment. Poland could offer a range of products, from highly-processed industrial goods to non-genetically modified food and furniture, he told the gathering of about 40 Polish and Singapore businessmen. Singapore is already Poland's most important partner in Asean, and Poland's accession to the European Union next year will create better conditions for others in this region to open trade links. But Mr Miller was frank about his disappointment at the current level of cooperation which, he said, did not reflect the economic potential.
Šaltinis: straitstimes.asia1.com.sg
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Bankers have lost their friends in Davos - EP vice-president

Reform of the banking system was one of the key themes at this year's World Economic Forum in Davos, with bankers coming in for a lot of criticism. more »

Support small firms while tackling the crisis, say MEPs and experts

Small firms have been hard hit by the economic crisis, and so must be given incentives and support, including easier access to credit, help with innovation, tax breaks and less red tape, MEPs on Parliament's Special Committee on the Financial, Economic and Social Crisis (CRIS), and experts agreed at a workshop on Monday. more »

Reopening of trade negotiations between the EU and Central America within sight

The elections and investiture of Porfirio Lobo as President of Honduras have cleared the way for the EU to restore normal relations with the Central American country and negotiations for signing a bi-regional Association Agreement may soon resume. more »

European Globalisation Fund set to help workers in the furniture manufacturing and clothing industries in Lithuania

The European Commission has approved applications from Lithuania for assistance under the European Globalisation Adjustment Fund (EGF). more »

State aid: Commission takes Italy to Court for failure to recover illegal aid from hotels in Sardinia

The European Commission has decided to refer Italy to the European Court of Justice (ECJ) on the basis of Article 108(2) of the Treaty on the Functioning of the European Union (TFEU) for failing to comply with a Commission decision of July 2008. more »

EBRD’s first investment in deposit insurance entity

The EBRD is helping to strengthen the financial sector in Bosnia-Herzegovina (BiH) with a €50 million credit line to the Deposit Insurance Agency of Bosnia and Herzegovina (DIA), the Bank’s first investment in a deposit insurance entity. more »

EBRD’s first investment in gas sector in Bosnia and Herzegovina

In its first investment in the natural resources sector in Bosnia and Herzegovina, the EBRD is providing a €17 million sovereign loan to finance the gasification of the Central Bosnia Canton. more »

EBRD supports private businesses in Armenia

The EBRD is increasing the availability of financing to private businesses in Armenia with a $5 million credit line and a $3 million trade finance facility to ArmSwissBank for small and medium companies (SMEs). more »

European Commission: Lithuania Has Taken Effective Action

On January 27 the European Commission assessed the action taken by Lithuania, Malta, Latvia and Hungary in response to recommendations proposed by the Commission and endorsed by the Council in July 2009 in respect to the correction of their respective budget deficits. more »

Lithuania’s GDP Growth Largest in EU in Q3

EUROSTAT announced that Lithuania’s GDP rose by 6.1 % in the 3rd quarter of 2009 versus the previous quarter. more »