Poland and Russia sign accord as Eastern exports return to pre-crash levels
Published:
6 November 2004 y., Saturday
Deputy Prime Minister Jerzy Hausner and German Gref, Russian Minister of Economy, have signed an economic cooperation agreement between Poland and Russia.
Among the main problems concerning trade between the two countries are Poland's dependence on Russian stocks and the difficulties in signing economic agreements. The Ministry of Economy believes this year the value of domestic exports to Russia will return to levels reached in 1997 before Russia's economic crisis. Last year Russia was Poland's tenth largest export market. From the beginning of 2004 the value of Polish export to Russia amounted to $1.6 billion, 68% more than the year before.
Yesterday's agreement supplements the regulations already operating in EU and Russia. Until 1998 the Russian market was one of the most important ones for Polish enterprises. Later our export to the East collapsed, but since 2000 the value of articles and services sold to Russia has gradually increased.
Šaltinis:
wbj.pl
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The Gas Coordination Group, chaired by the Commission, met this afternoon to analyze in detail all elements of the preparedness of the EU and the Energy Community for a potential supply disruption in the Winter 2009/2010.
more »
In a meeting of the European Bank Coordination Initiative Group, held in Brussels, the parent banks of the nine largest banks operating in Romania reaffirmed their commitment to maintain their exposure to the country and ensure adequate capital levels over 10 percent for their affiliates.
more »
Airline airBaltic has informed of its plans to resume some flights from Vilnius International Airport before the end of this year.
more »
The European Commission has approved under EC Treaty state aid rules the restructuring plan of Lloyds Banking Group.
more »
"Finance and climate change" was under discussion at a 10 November hearing in parliament's Industry, Research and Energy Committee.
more »
The International Monetary Fund announced today the sale of 2 metric tons of gold to the Bank of Mauritius, the nation’s central bank.
more »
The euro area economy grew by 0.4% in the third quarter. Is the crisis over?
more »
After lots were drawn, ten winners of Danske Bankas scholarships and one winner of an iPod shuffle player were established.
more »
From 16 November 2009, AB Bank SNORAS network starts providing new products – one can sign agreements of “Finasta Asset Management” II level pension accumulation funds in all subdivisions of the bank.
more »
The expected turnaround in the Baltic Rim economies is likely to gradually improve the business opportunities for Nordic companies operating in the region.
more »