Poland, Warsaw, Nov. 27 / Trend S. Agayeva /
Azerbaijan's joining the World Trade Organization (WTO) will give a chance to stabilize the trade sphere, Polish Deputy Minister of Economy Andrzej Dycha told journalists in Warsaw today. A meeting of Azerbaijani-Polish intergovernmental commission on economic cooperation has started in Warsaw today.
"The annual trade turnover between Azerbaijan and Poland is $130 million," he said. "The dynamics of this year shows the growth trend. But trade turnover between our countries has not been balanced. The exports from Poland are dominating. Joining the WTO will be a huge step for Azerbaijan and will give a chance to stabilize the trade sphere and create guarantees for mutual investments."
He said that Poland joined the WTO in 1995. One can say that is one of the founders of the organization. Poland's joining the WTO and liberal reforms have enabled to attract a lot of foreign investors to the country.
"Azerbaijan's joining the WTO will play a huge role in our bilateral relations," deputy minister said. "Poland can be the 'voice' in the WTO that will persuade others to accelerate Azerbaijan's joining the organization. Poland also can help by its experience and suggest the ways of reforming the legal framework."
He said that EU countries get around 80 percent of Poland's exports. There are no customs barriers in EU countries. But entrepreneurs see that the market has been already full and look for new opportunities. Therefore, exports to border countries - Russia, Belarus, Ukraine, the Caucasus countries, Central Asia have been recently increasing. China has a special place. The exports of Polish goods to China are quite large, despite the remoteness of the country.
The working group on Azerbaijan to the WTO was established on July 16, 1997.
Azerbaijan has been represented at the World Trade Organisation as an observer since 1997.