OREANDA-NEWS. December 24, 2009. Trade and Investments Promotion Department of the Embassy of the Republic of Poland in Tashkent organized a press briefing to sum up results of cooperation between the two countries in 2009 and set plans for the coming 2010.

Representatives of the Polish embassy told briefly about the influence of the global financial crisis on their country, noting that Poland copes successfully with the crisis challenges.

Stimulation of consumer demand and investments, strengthening of the system of financing small and medium enterprises, support of stable functioning of the banking and financial system, effective utilization of EU funds, innovative orientation and formation of more flexible labor market are among the priorities of the Plan of Stabilization and Development (adopted in November 2008) and the Anti-Crisis Law (adopted in August 2009) pursued by the government of Poland.

It is expected that, unlike overwhelming majority of European countries, this year the economy of Poland will avoid recession and provide positive growth of the gross domestic product at the level of 1.1-1.2%. The country's GDP rose by 1.7% in the third quarter of 2009 (in the second quarter growth was at 1.1%), according to the Polish statistics.

The positive result was influenced by the growth of net export and private consumption (2.2%), as well as investments. Taking into account results of the current year, a 12% growth of exports is forecasted in 2010 and imports will increase by 14%.

According to world financial institutions, largest banks and leading independent rating agencies, the Polish economy has all preconditions to continue progressive development with growth by 3% in 2010, with increase of the inflow of capital, industrial output and decrease of unemployment.

Allocation of a special flexible credit line worth .58 billion by the International Monetary fund to Poland became one of the real acknowledgements of this process. FCLs are granted only to the countries with dynamically proportional development, healthy financeable economy and strong economic policy.

As to the mutual relations with Uzbekistan, according to the Polish embassy representatives, a key event of the Polish-Uzbek trade and economic relations this year became the second session of the Polish-Uzbek Intergovernmental Commission for Economic Cooperation which was held in Tashkent on 23-24 November.

The Commission analyzed current state of the Polish-Uzbek economic and investment cooperation and defined the most important directions of further work in the near future. It was ascertained that under the influence of the global financial and economic crisis, which entailed the deceleration of the world economy development, the current level of economic and commercial relations between the two countries decreased, which does not correspond to the potential possibilities of Poland and Uzbekistan.

The sides stated their aspiration to take necessary measures on development of mutual trade and investments, including the use of capacities and activation cooperation of Polish and Uzbek organizations uniting businessmen and promoting the advancement of goods and services on the markets of other countries.

Special attention was paid to the issues of cooperation in finance and insurance spheres, new mechanisms that should be involved for stirring up and encouragement of the mutual trade.
In the conclusion of the press conference the Polish diplomats expressed confidence that the forthcoming 2010 would be full of joint projects and programs, new interesting events in Polish-Uzbek trade, economic and investment cooperation.