Prime Minister in Tokyo: Japan is a strategic partner of Poland in Asia

We wish to develop economic cooperation as one of the most strongly growing economies in the EU and in the world, said Mateusz Morawiecki during the meeting with the largest organisation of Japanese investors. The Prime Minister mentioned energy, electromobility, and new technologies among the potential areas of cooperation with Japan.

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Photo: Krystian Maj / Chancellery of the Prime Minister of Poland

The Prime Minister stressed that the Polish economy has increased threefold since 1989, while the year 2019 brought economic growth of over 4% for our country. Owing to the availability of young, qualified, and well-educated labour force, low tax rates, renowned universities of technology, and competitiveness, Poland has become a popular place for research and development centres of many global leaders in the most important high-tech industries emphasised the head of government of Poland.

Mateusz Morawiecki pointed out that stable economies such as Japan and Poland can do well even in unfavourable conditions due to responsible management. He added that as one of the largest countries in the EU, Poland can function as a technological hub for Europe, which favours the location of foreign investments.

The Prime Minister also commented on the role of energy transition both in Poland and in Japan. The most important challenge for our countries is to find a solution that will make energy transition fairer from the point of view of the world and ordinary people he said, emphasising that both countries are largely dependent on importing energy resources from abroad, while the use of coal in the energy industry continues to play a major role.

On the first day of the visit, the Prime Minister also met with the Polish community abroad and representatives from Japanese culture, science, and business sectors. Mateusz Morawiecki stressed that the number of Japanese investors has been on the rise, which reflects the attractiveness of our country. We offer perfect conditions for investments, political stability as well as the opportunity to operate in the European Union which the largest market in the world he said.

In addition, the head of government of Poland stated that Poland would also like to cooperate with Japan in the area of infrastructure, which would mainly include the construction of the Solidarity Transfer Hub.

In 2018, the volume of trade between Poland and Japan amounted to USD 4.8 billion. The data for the first eight months of 2019 point to an almost 20% increase in the trade volume. Japan is one of the largest Asian investors in Poland. According to the National Bank of Poland, Japan invested USD 955 million in our country in 2018.

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