US President pledges to intensify, military, economic cooperation with Poland.

By bne IntelliNews May 30, 2011
During his two-day visit to Poland, U.S. President Barack Obama has assessed that the Polish-U.S. cooperation in the energy sector is at a turning point, with hopes of bringing good business results and energy safety. The U.S. is particularly interested in exploring Poland's shale gas deposits - deemed to be the largest in Europe. Still this year, a Polish-American round table on economic cooperation is due to be held, the President also announced. This cooperation is expected to cover also renewable and nuclear energy. In terms of military cooperation, Obama pledged that Poland would be member of the rotating system of U.S. F-16 and Hercules C-130 aircraft deployment system as well as in the rotating system of the Patriot missiles deployment, the Rzeczpospolita daily reported. The U.S. President also reiterated that Poland will be member of the new-style anti-missile defence system as of 2018. tom

Related Articles

EC refers Poland to court for delay on renewable energy rules.

The European Commission is referring Poland (and Cyprus) to the Court of Justice of the European Union for failing to fully transpose EU's Renewable Energy Directive, according to the ... more

ZEW Economic Sentiment Indicator for Poland surges to 42.9pts in February.

The ZEW-Erste Group Bank Economic Sentiment Indicator for Poland (economic expectations) surged by 22.3pts m/m to 42.9pts in February, according to a report by the Center for European Economic ... more

FinMin: Poland to inject EUR 5.5bn of FX reserves to ECB upon euro-zone entry.

When Poland joins the euro-zone, it will have to transfer EUR 5.47bn of its foreign-currency reserves to the European Central Bank, according to a statement by the ministry of finance. The ... more

Dismiss