Poland has become the leader in Central Europe in attracting foreign investors. Opportunities for trade and investment continue to exist across Poland. Continuous economic growth and a high leven of political stability are two of the main reasons the United States and other foreign companies do business in Poland. Poland continues at striving to make steady progress in raising its living standards to those of the United States, liberalizing its trade, foreign exchange and investment policies to improve trade with other countries. The Polish Society remains committed to improving Poland’s macroeconomic foundations to enhance their reputation.

The five principal exports to Poland in 1999 are optical photographic, measuring and checking instruments, automatic data processing machines, electrical equipment for telephone lines, pharmaceutical products, and transmission equipment for radios.

Some of the United States imports from Poland are glass and glassware, machinery, equipment for the road and earth works, meat products, and articles of copper and copper alloys.

Polish customers are generally enthusiastic about United States products.

Overall, gross insurance premiums collected in 1998 were (USD) 4.45 billion (2.83% GDP), while gross premiums in the life insurance was (USD) 1.53 billion (.98% GDP). With a population of almost 40 million, a relatively low insurance subscription rate and a high rate of economic growth, the Polish insurance market offers excellent opportunities for United States investors. Since January 1, 1999, since there is a need for insurance in Poland, insurance companies located outside of Poland are allowed to sell their policies directly inside of Poland.

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