ISLAMABAD: Pakistan and Poland on Monday reaffirmed their commitment to strengthening bilateral relations with a focus on expanding trade, investment, and exploring new avenues of cooperation, according to a press release issued by the Finance Ministry.
The understanding was reached during a meeting between Polish Ambassador to Pakistan Maciej Pisarski and Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb.
Both sides discussed matters of mutual interest, underlining the need to expand trade and investment ties, and identify new areas for collaboration. Ambassador Pisarski conveyed his condolences over the loss of lives and infrastructure damage caused by the ongoing floods, while congratulating the government on achieving macroeconomic stability and reviving the economy.
The ambassador informed that Poland was working on sending a high-level delegation, led by senior political leadership, to Pakistan in the near future to advance bilateral engagement. He highlighted that bilateral trade, currently standing at over US$1 billion and in Pakistan’s favour, could be further expanded to achieve greater balance.
Pisarski pointed out Poland’s existing investment of over US$100 million in Pakistan’s oil and gas exploration sector and expressed intent to reinvest locally generated incomes to broaden this footprint. He also underscored Poland’s willingness to provide technical support in areas such as public finance, regulations, bilateral exchanges, training programmes, experience sharing, and knowledge transfer.
Minister Aurangzeb briefed the ambassador on ongoing rescue and relief operations in flood-stricken areas, noting that ration, food, and medical supplies were being provided at relief camps. He added that a detailed damage assessment was underway to engage development and bilateral partners, stressing that rehabilitation would be a long and demanding process.
The finance minister welcomed Poland’s investment in Pakistan and reiterated the government’s support for expanding bilateral trade and investment.
He also expressed openness to collaboration in oil and gas exploration, mineral and mining development, as well as initiatives focused on technical cooperation, knowledge transfer, and reforms in public finance, tax policy, and regulatory frameworks.
