The Ministry of Foreign Affairs announced that the 7th South Korea-Poland Economic Joint Committee was held on November 3 in Warsaw, led by Park Jong-han, the Economic Diplomacy Coordinator, and Michal Baranowski, Deputy Minister of the Ministry of Economic Development and Technology. During the meeting, both sides reviewed the implementation of agreements made during the South Korea-Poland summit in April and discussed ways to strengthen cooperation in defense, energy and battery, and infrastructure and transportation.
Both parties noted that trade between the two countries reached $10 billion last year and acknowledged the contributions of South Korean companies operating in Poland to local production, employment, and supply chains. They agreed to enhance communication by establishing high-level government channels to create a stable trading and investment environment and stabilize global supply chains. Poland is South Korea's fifth-largest trading partner among European Union countries, with over 400 South Korean companies operating there.
In the defense cooperation sector, both sides agreed to continue exploring joint growth opportunities in the defense ecosystem, building on their collaboration through Poland's acquisition of K2 tanks, K9 self-propelled howitzers, and Chunmoo multiple rocket launchers, including local production and technology cooperation.
Additionally, they exchanged views on establishing stable partnerships in the battery and energy supply chain, involving South Korean companies in major infrastructure projects in Poland, such as new airport connectivity, and expanding cooperation in advanced science and technology fields like space and digital.
Meanwhile, Park met with Ignacy Niemczycki, Deputy Minister for EU and Economic Affairs at the Polish Ministry of Foreign Affairs, to request attention and cooperation to ensure that South Korea, as a trusted partner, is not excluded from regional production requirements in the EU's economic legislation process, including the EU Industrial Acceleration Act. This legislation aims to enhance industrial competitiveness by expanding regional production requirements for public procurement and subsidy support.
Park also held a meeting with representatives of South Korean companies operating in Poland to listen to their challenges and stated that he would continue discussions with the Polish government to create a more stable operational environment. Attendees included representatives from Hanwha Aerospace, Hyundai Rotem, Korea Aerospace Industries, Hyundai Engineering, LG Energy Solution, and the Overseas Infrastructure Development Support Corporation.
The Ministry of Foreign Affairs evaluated that the meeting of the Economic Joint Committee served as an opportunity to further develop the comprehensive strategic partnership confirmed during the summit. Amid increasing uncertainties in the global economic security environment, the ministry plans to strengthen cooperation and solidarity with countries where South Korean investments are concentrated, including Poland.
* This article has been translated by AI.
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