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James Lindley is the Senior Business Officer on the U.S. Embassy in Warsaw
That is the third publish in a weblog sequence in regards to the totally different markets that will probably be featured throughout Commerce Winds Europe/Eurasia.
In slightly below 4 months, the U.S. authorities’s largest annual commerce mission, Commerce Winds, is heading to Europe and Eurasia! Bringing quite a few progressive U.S. companies to 6 European and Eurasian markets—together with an non-obligatory cease in Warsaw, Poland—Commerce Winds Europe/Eurasia will characteristic tailor-made assembly and networking alternatives with overseas consumers, buyers and distributors to assist U.S. companies capitalize on export alternatives overseas.
If your enterprise is searching for a big export market, tariff-free entry to the EU, political stability and a well-educated workforce, alternatives abound in Poland. A stalwart ally in Central Europe and the sixth largest economic system in Europe, Poland provides U.S. corporations quite a few alternatives for progress throughout an array of sectors, together with protection, power, digital and ICT, transportation infrastructure and environmental applied sciences.
A North Atlantic Treaty Group (NATO) member since 1999, Poland has surpassed its dedication to spend at the very least two % of GDP on protection. In response to latest NATO knowledge, Poland was nicely on its solution to exceeding 4 % of GDP on annual protection spending in 2023. As such, U.S. companies within the protection sector are nicely positioned to reach Poland given our shut relationship on NATO capabilities, counterterrorism, nonproliferation, and missile protection.
Firms within the power and clear tech sectors can even discover alternatives in Poland. Final yr, Poland chosen Westinghouse and Bechtel to construct the nation’s first-ever civil nuclear energy plant, an funding that would ultimately high $40 billion. That mentioned, the civil nuclear sector is not at all the one power sector in Poland poised to develop within the coming years. Poland additionally seeks to extend its power independence and diversify away from coal to satisfy its home and EU local weather targets, presenting alternatives for corporations within the offshore wind, photo voltaic and hydrogen sectors.
Poland additionally goals to implement a digitization technique to modernize its digital infrastructure and to defend itself towards cybercrime incidents, which have been growing since Russia started its illegal invasion of Ukraine. Given the U.S. non-public sector’s management and innovation within the data communication applied sciences (ICT) and cybersecurity sectors, U.S. corporations can play a number one function in offering the technical merchandise and options to satisfy Poland’s digitization and cybersecurity targets.
Poland has additionally been, and can proceed to be, a key participant in supporting Ukraine’s restoration, significantly because it pertains to infrastructure. Most support dispatched to Ukraine travels by way of Poland. Due to this fact, collaboration with Polish corporations and constructing provide chains by way of Poland will probably be essential to supporting Ukraine’s longer-term restoration.
For all these causes and extra, it’s no shock that the Worldwide Commerce Administration chosen Poland as one of many stops throughout Commerce Winds Europe/Eurasia, which can happen between Could 16-17, 2024. For extra data and registration for Commerce Winds or the non-obligatory business-to-business matchmaking conferences in Poland, Türkiye, Italy, Romania, Denmark and/or Kazakhstan, please go to the Commerce Winds Europe/Eurasia webpage.
