Polish companies eye Algerian market

Minister of the Economy Janusz Piechociński accompanied by Polish entrepreneurs has been visiting Algeria since Tuesday.

In 2014, Poland dominated the trade exchange between the two countries. Polish exports to Algeria were valued at $680 million, while Algeria exported goods to Poland worth only $60 million. The Minister of the Economy claimed that the trade exchange between the two countries will grow to $1 billion this year.

Poland exports mainly mineral products, vehicles, products of vegetable origin, and mechanical and electrical equipment. The Algerian exports to Poland are dominated by calcium phosphates, which is imported by Grupa Azoty. Monika Piątkowska, deputy head at the Polish Information and Foreign Investment Agency (PAIiIZ), said that Polish producers "for many years, have been exporting food products to Algeria. We want to increase the export of fruits, vegetables, and, in the long term, refrigerators and freezers." Algeria wants to buy agricultural machinery and equipment from Poland, Piątkowska added.

The visit of Minister Piechociński and Polish entrepreneurs ends Thursday afternoon.