Poland ready to widen cooperation with Iran's mining sector
Poland's Ministry of Entrepreneurship and Technology voiced its willingness to broaden cooperation with Iran's mining and industry sector, and said cooperation between the two countries is on the right track.
Cooperation with Iran provides a great opportunity for Polish companies to enter the regional market, Tehran Bureau Chief of Polish Investment and Trade Agency Jaroslaw Kaczynski was quoted as saying by Fars News Agency.
He reiterated that Iran is among major potential targets of the Polish manufacturers, and said, "Some 25 percent of the machineries manufactured in the European country are mining equipment, which majorly suit Iranian market due to its considerable capacity and the characteristics of Iranian mines."
Kaczynski underlined that Iran has a strategic geographical location which can also be used as a corridor for regional markets.
"Several Polish brands are already present in the Iranian market and are operating in major coal mines," he said, adding, "For almost 13 years, our machineries have been operating in Iran, and we have granted support for around 150 Iranian companies and provided them multiple services via more than 450 Polish manufacturing firms."
Kaczynski underlined that trade between the two countries witnessed a remarkable 187.5 percent growth since 2015, which marks the landmark 2015 nuclear deal between Iran and major world powers.
"Trade between the two states stood at $80 million in 2015 but the figure reached $230 million in 2017," he added.
Goods traded between Iran and Poland mainly include agricultural machineries, medical instruments, glass items, home appliances and food products.
source: IRAN DAILY
Top News
Glencore in talks to sell Philippine copper smelting unit
Rasul Khalife Soltani, Secretary of the Iranian Steel Producers Association on the sidelines of the 1403 Steel Symposium:
Mobarakeh steel is producing green steel through scrap recycling
India’s record gold import said to be due to calculation error
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Norge Mining acquires Europe’s largest natural graphite producer
Mercuria partners with Zambia on metals trading venture
Aluminum price falls to one-month low in wider commodity slump
Skeena advances Eskay Creek permitting, unlocks Orion funding
Lure of Anglo’s copper mines could test BHP’s spending resolve
Copper giant Peru foresees another production plateau in 2025
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Mercuria partners with Zambia on metals trading venture
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Lure of Anglo’s copper mines could test BHP’s spending resolve
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Glencore in talks to sell Philippine copper smelting unit
