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12/20/06

Warsaw Business Journal Online - Poland to become largest provider of LCD's in Europe

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Within several years Poland will become the leading producer of LCD TVs in Europe, however, experts are warning that the duty on LCD monitors is the only reason why Asian companies are building LCD factories here. "Without the duty it would be more profitable for Asian companies to produce TVs in Asia and import them to Europe," said an anonymous expert from the electronic sector. The EU has adopted a draft regulation which prolongs the duty for another two years. "We were clear about it. We want to leave the regulation without any amendments," said Mieczyslaw Nogaj, director of the Trade Policy Department at the Ministry of Economy. "We received the support from several countries." However, experts still warn that this is not the end since the International Technology Agreement signed within the framework of WTO by the USA, the EU, Japan and Korea states that all those countries will make efforts to lift duty on ICT products.

Poland wants to intensively lobby in Brussels and Geneva to protect the domestic electronic market.

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