Trade Target To Be Set Between India And Poland Of $5b By 2018

India and Poland to tie Up trade target of $5b by 2018 from US $2.3 billion last year. Ways to enhance trade and investment between the two countries were discussed during the meeting of Joint Commission on Economic Cooperation in Warsaw.

The meeting was co-chaired by Secretary in the Department of Industrial Policy and Promotion (DIPP) Amitabh Kant and Poland’s Secretary of State, Ministry of Economy, Jerzy Pietreiwicz.

​Working Groups on Coal, IT and Food Processing, also presented the outcomes of their first meeting.

In coal and steel sector, both sides have drawn a roadmap to strengthen cooperation in areas such as thick seam underground coal mining, exploitation of highly gassy seams, developing clean coal technologies and transfer of technologies in deep coal mining from Poland to India.

In the food processing sector, experts discussed market access, food processing technologies and research and development between scientific institutions.

The Polish side showed interest in exporting the latest food processing machinery and technology to India, it said.  In the IT and ICT sector, both sides identified areas to strengthen cooperation in entrepreneurship development and support; R&D and innovation in cloud computing; big data analysis; cyber-security, data protection, smart cities projects and accreditation of each other’s courses.​

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