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There is "no better proof of the durability, reliability and long-term outlook of Polish-US cooperation", says PM Donald Tusk.
The agreement reinforces growing economic and defence ties between Poland and Sweden.
Warsaw warns that the South American agriculture imports could harm Polish farmers.
It is also forecast to have the second-highest growth rate in the number of billionaires over the next five years.
Poland is the first of 19 member states to sign a SAFE agreement and the largest recipient of funds under the programme.
The plans envisage developing a portfolio of electric vehicles, initially comprising three models.
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