Bilateral trade has shown steady growth in recent years and stood at USD 4.3 billion in 2021

India and Poland discussed the immense potential of bilateral trade and investment relations at the Foreign Office Consultations held in Warsaw on Monday.

During the consultations, agriculture, food-processing, information technology and green transition were identified as areas of interest for further expanding bilateral cooperation, the Ministry of External Affairs (MEA) said.

Both sides also expressed satisfaction at the discussions during the sixth round of India-Poland Joint Commission meeting on Economic Cooperation held in October, 2022.

Bilateral trade has shown steady growth in recent years and stood at USD 4.3 billion in 2021. Indian companies have invested over US$ 3 billion in Poland while the Polish investments in India amount to US$ 700 million.

During the talks, India and Poland also exchanged views on regional and global issues, including developments in the Indo-Pacific, India’s neighbourhood, Ukraine conflict, cooperation in multilateral fora including the UN, and UNSC reforms.

The two sides signed an agreement on gainful occupation by family members of members of diplomatic missions and posts. They agreed to hold the next round of Foreign Office Consultations at mutually convenient dates in New Delhi.

The Indian side was led by Secretary (West), MEA Sanjay Verma while the Polish side was led by Under Secretary of State for Security, the Americas, Asia & European Policy in the Ministry of Foreign Affairs of Poland Marcin Przydacz.

"India and Poland share long-standing friendly relations with historical linkages. The consultations provided an opportunity to review the bilateral cooperation agenda across various sectors. Both sides also exchanged views on regional and international issues of mutual interest," the MEA said.