Friday, 12 August, 2016

Poland to tap Iranian market

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Polish Economy Minister plans to visit Tehran at the end of September along with a group of 60 businesspeople, in an attempt to tap into the lucrative Iranian market, Radio Poland reported.

According to the report, during the visit, minister Piechociński will take part in a Polish-Iranian Business Forum in Tehran and sign an agreement to create a joint Polish-Iranian committee as a forum for regular future economic contacts and consultations.

As a result of a historic deal between Iran and six world powers agreed in Vienna in July, economic sanctions on Iran will now be lifted in return for restrictions on the country’s nuclear program.

Experts are unanimous that the market of 80 million consumers has great potential but that it will also be a challenge as Poland will be competing there not only with its European counterparts,particularly Germany, but also China and India.

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