Lithuania’s Foreign Minister meets with delegation of American-Lithuanian Business Council
/ Updated: 2019.09.19 15:42
On 19 September, the Minister of Foreign Affairs of Lithuania Linas Linkevičius met with members of the American-Lithuanian Business Council’s business mission. The delegation was comprised of representatives from the eleven U.S. companies operating in Lithuania in different sectors.
“Dynamic economic relations between the two countries show that Lithuania is an attractive and reliable country for global businesses with a favorable environment for the development of different sectors. The U.S. is Lithuania’s strategic partner in many areas. Our goal is to further strengthen trade, promote mutual investment and business cooperation not only in traditional, but also in innovative sectors of the economy,” said Lithuania’s Foreign Minister.
The U.S. investors invested nearly EUR 263 million in Lithuania in the first quarter of 2019. In 2010-2018, the U.S. investors implemented a total of 73 projects and created over 8,000 jobs.
The event was attended by representatives from such companies as the Western Union, Thermo Fisher Scientific, Philip Morris International, Lockheed Martin, Northrop Grumman, Eli Lilly, Bell/Textron, Oshkosh Defense, Palo Alto Networks, Blue Cross/Blue Sgield, and Strategic Staffing Solutions.
The American-Lithuanian Business Council brought its annual business mission to Vilnius on 18 -19 September. The mission featured plenary sessions with senior officials of the Lithuanian Government and provided a venue for enterprises to discuss opportunities for new business in Lithuania.