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
A record 131 economies around the globe reformed business regulation in 2008/09, according to the IFC–World Bank Doing Business 2010 report.
more »
The World Bank’s Board of Directors today approved a US$5 million grant to improve the quality of electricity services in Haiti and strengthen the financial and operational performance of Electricité d’Haïti, the public electricity utility.
more »
Firuza Ziyoeva, a 42-year old mother of five, lacks any sustainable income for her family – her husband is unable to work due to disabilities and their children are all young.
more »
The Managing Director of the International Monetary Fund (IMF), Mr. Dominique Strauss-Kahn, made the following statement today regarding Singapore’s commitment to increase fourfold its contribution to the Fund’s New Arrangements to Borrow (NAB) by US$1.5 billion, to a total of US$2 billion.
more »
Statistics Lithuania reports that, based on non-final data obtained from customs declarations and Intrastat reporting data, exports in I half-year 2009 made LTL 19 billion, while imports – LTL 21.2 billion.
more »
Since 7 September 2009 AB Bank SNORAS for residents and economy subjects begins to distribute a new savings product - certificates of deposits.
more »
“We are 53 diverse countries differently affected by the crisis, 1 billion people that cannot be ignored”. That was the stark message to Members of Parliament's Development Committee from Donald Kaberuka, the head of Africa's Development Bank at a hearing on 3 September in Brussels.
more »
The European Investment Bank has granted a EUR 450 million loan to AENA (Aeropuertos Españoles y Navegación Aérea) for upgrading and expanding Spain’s air traffic control facilities in order to optimise their overall efficiency and ensure that they comply with international regulations.
more »
Statistics Lithuania informs that in August 2009, against July, prices for total industrial production sold increased by 0.9 per cent.
more »
Despite signs the near two-year U.S. recession may be over - Americans are still finding it hard to get a job.
more »