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Wednesday, 7 November 2018

President for "The Marker": We invest in modernity

An article by the President of the Republic of Poland Andrzej Duda was published in the Israeli newspaper "The Marker"

Ladies and Gentlemen,

2018 is a special year, equally for Poland and for Israel. We celebrate the centenary of the restoration of Independence and you, dear Israeli friends, the 70th anniversary of the creation of your state.

Over that period of time, Poland repulsed the Soviet attack, went through the nightmare of World War 2 and of over 40 years of communist authoritarianism. Israel fought several victorious wars. However, we are tough, stubborn, we never give up - these are the characteristics that we have been sharing for hundreds of years.

Among others, that is why Poland, more than 20 years after its accession to the OECD and almost 15 years after its accession to the European Union, is now recognised and classified as a country with a developed economy.

This is a success story that has restored us to an equal place among the peoples of Europe. Today, Poland is a thriving country, developing dynamically, attractive for tourists and investors - also from Israel. After the fantastic victory of the Solidarity movement, after the fall of the Berlin Wall, after the collapse of the Soviet Union, an explosion of Polish entrepreneurship followed. We have rebuilt our economy and opened up to the world. The accession to the European Union has sent a very clear signal to many investors: Poland has gained credibility as an important actor on the European political scene and as a trustworthy business partner. Today, we are at the European forefront in terms of education level of young people, low unemployment rates and security.

What has laid the groundwork for the Polish economic miracle of the last three decades? First of all, people. Brave, enterprising, not afraid of challenges. After 1989, thousands of private companies sprung up in our country. Of course, we owe a lot to the funds coming from the European Union, but let us remember that Polish membership in the EU gives benefits to all: to us, the Poles, but also to companies from Germany, France, Holland, Italy, which have invested in Poland and make profits here. There are few countries in the world that are so friendly and so open to foreign investors. Companies from all over the world appreciate our highly educated staff, transparent tax system, excellent transport and telecommunications infrastructure.

But that is not all. Against the backdrop of Europe, Poland stands as an oasis of financial stability. This is illustrated, among others, by the rating grades issued by credit rating agencies, and by experts’ opinions. The Central Bank enjoys full independence, inflation has been under control for many years, and thanks to the small budget deficit, we have not not run into excessive debt. Economic growth reaches almost 5% of GDP, which is unique on a global scale.

However, we are still trying to introduce changes that would make the Polish economy even more competitive. We want the brand “made in Poland” to be associated with the newest technologies, reliable products and innovative solutions. We invest in modernity, in young people without inferiority complex, ready to conquer the world.

I also hope that economic cooperation between Poland and Israel will develop as intensely in the future as it has in recent years. More and more Israeli companies from various sectors perceive Poland as an ideal place for business ventures. And Polish companies, especially from the new technologies sector, are increasingly drawing on the experience of start-ups from Israel. As President of the Republic of Poland, I would like young people from both countries, though not oblivious of the common past of our nations, to build a common future: in laboratories, in innovation incubators, on stock exchanges. Good luck!


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