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Speaking to Euronews at the European Parliament, Domanski also stressed that the free trade agreement signed on Tuesday with India comes at a crucial moment for Europe, as global trade tensions rise and the EU looks to diversify its economic partnerships.
Despite its strong economic performance, Poland remains cautious about joining the eurozone and Domanski argued that keeping the złoty provides economic flexibility in times of external shocks.
“Our own currency can act as a buffer during crises and help the economy recover,” he said, while acknowledging there are also arguments in favour of euro membership.
“I believe that right now it’s better for Poland to stay with the złoty,” he said.
Why the EU-India deal matters for Poland
EU leaders hailed the free trade agreement, dubbed the “mother of all deals,” with India as the most ambitious trade deal the bloc has ever negotiated, opening access to a market of 2 billion consumers.
The European Commission says the pact with New Delhi will sharply reduce tariffs on EU products from cars to wine as the world looks for alternative markets following US President Donald Trump’s tariffs.
For Poland, one of the EU’s fastest-growing large economies, the agreement is seen as a gateway to new export opportunities.
“Polish companies are expanding rapidly and need new markets,” Domanski said.
“India is a dynamic economy with enormous potential, and this deal creates space for stronger cooperation in sectors where access was previously limited.”
While Warsaw says the agreement still needs closer study, the government believes it could significantly boost Polish exports and investment ties with India.
Turbulent global economy
Domanski also framed the agreement in the context of broader geopolitical uncertainty, including strained EU-US relations and rising protectionism worldwide.
“Lower tariffs are always better than higher tariffs,” he said. “They are good for companies, consumers and the economy. Diversification is essential, and India is a natural partner with high growth potential.”
However, Poland continues to oppose the EU-Mercosur trade deal with South American countries, warning it could harm Polish farmers.
Warsaw has been pushing for additional safeguards to protect the agricultural sector.
The agreement was signed on 17 January, and is set to create a free trade area of over 700 million people.
But it is controversial across Europe and several countries like France and Hungary have steadfastly opposed it.
Warsaw’s bid for the European Customs Agency
Poland is also positioning itself as a candidate to host the future European Customs Agency (EUCA), which is expected to play a key role in strengthening EU border controls and customs enforcement.
“Poland has delivered on customs reform, has experienced customs officials and excellent transport connections,” he said, pointing to Warsaw’s central location and proximity of Chopin Airport to the city centre.
He also highlighted Poland’s growing economic weight and argued that EU agencies should be more geographically balanced across member states.
“In times of growing uncertainty, Europe needs one body with overall control of its customs borders,” the minister said.
“This is about competitiveness, security and protecting the single market.”
A final decision on the location of the EUCA is expected later this year. Nine EU capitals are competing to host it, with Lille, Rome and Hague among others.