Poland has potential to join G20, finance minister says
Poland, now ranked as the world’s 20th largest economy, has the potential to become a member of the G20, Finance Minister Andrzej Domanski said in Washington on Friday.
Domanski, speaking to Polish media during the annual meetings of the International Monetary Fund and the World Bank, said discussions at the gatherings had focused on global economic growth and rising trade tensions.
He said Poland was widely recognised as a model of successful economic transformation, adding that sustaining its momentum would require continued efforts to strengthen the country's competitiveness and innovation.
During his visit, Domanski met with US Energy Secretary Chris Wright to discuss the development of a complete ecosystem surrounding nuclear energy in Poland. He emphasised the importance of involving Polish companies in the country's broader energy transition.
Talks also covered American gas imports and financing for Polish investment projects. Domanski said he had met with John Jovanovic, head of the US Export-Import Bank, to explore funding tools for large infrastructure investments.
He added that Poland had the potential to become a regional gas hub for Central and Eastern Europe and was actively promoting investment opportunities to American businesses, particularly in the defence and financial sectors.
According to the minister, Poland's GDP per capita, adjusted for purchasing power, was expected to surpass Japan's later this year - a milestone he described as a testament to the country's progress over the past 35 years.
Commenting on Poland's G20 ambitions, Domanski said the country's position as the world's 20th largest economy underlined its readiness to join the group. He welcomed US President Donald Trump's invitation to the summit of G20 leaders in Miami and said Poland was also working with the US administration on involvement in other international formats.
He added that discussions in Washington also addressed Chinese restrictions on rare earth metal exports and European regulatory challenges. The minister argued that simplifying EU rules would help make the continent more attractive to investors. (PAP)
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