Atlanta traders should take note that Poland is aggressively promoting its exports to counterbalance a growing trade deficit, Andrzej Dziekonski of the Economic Counselor’s Office at the Polish embassy in Washington, D.C., told GlobalFax last week in a telephone interview.
He recommended that they learn more about Poland’s goods and services from the Office of the Commercial Counselor in New York City and Washington D.C.
And he mentioned the Market Information Center of Foreign Trade and the Polish Chamber of Commerce, both in Warsaw, as good sources of information. Another source, he suggested, is the Business Opportunities in Poland Home Page at http://www.polishworld.com/polemb
Poland’s gross domestic product experienced a 6% growth rate in 1996, but increased imports have resulted in a trade deficit of $13 billion with imports close to $37 billion and exports at slightly more than $24 billion.
To sustain Poland’s growth rate, the government will promote exports “as one of the key driving forces behind the economy,” Mr. Dziekonski said.
He added that Poland is in the process of taking steps to encourage banks to expand their guarantees. It also plans to establish an export promotion agency.
The economic counselor’s office in Washington, D.C., may be reached by calling (202) 467-6690; fax, (202) 833-8343.