Poland, Albania sign economic cooperation accord

Poland and Albania signed on Monday an agreement on economic cooperation, which will allow further development of cooperation in industry, power and mining sectors and in tourism between two countries.

The document was signed by Polish Economy Minister Piotr Wozniak and visiting Albanian Minister of Economy, Trade and Energy Genc Ruli.

Under the signed accord, the two countries will set up a mix commission to prepare proposals aimed to further develop bilateral cooperation, Polish PAP news agency reported.

Both minister stressed that hitherto bilateral turnover is very modest. Last year, Poland exported to Albania goods worth 5.6 million euros, chiefly agricultural and food products as well as electro-engineering and chemicals products. Imports closed at 800, 000 euros and focused on wood and paper products and products of light and chemical industries.

Ruli said that Albania is one of the best tourist regions in the world although it still has visible shortcomings in its road and telecommunications infrastructure, stressing that Albania is offering its land for investments while its parliament is working on a draft law to allow the sale of land to foreign investors.

The minister invited Polish capital to invest in Albania's fuel sector and to cooperate in the power industry.

Source: english.people.com.cn