Lithuania's Foreign Minister Landsbergis: Lithuania and Japan have the same understanding of challenges posed by aggressive states — this paves new paths to the development of economic cooperation
On 6-7 June, the Minister of Foreign Affairs of Lithuania Gabrielius Landsbergis, together with Lithuanian business representatives, is paying a working visit to Japan. The aim of the visit is to deepen political dialogue and bilateral economic relations.
"Recent developments have demonstrated not only for Lithuania but also for the entire world its own vulnerability. Policies of aggressive states pose a threat not only to their direct neighbours, but also to the civilised, rules-based global order — whether it be peace and stability, the reliability of supply chains or global food security. This difficult period also helped Lithuania to find new friends, primarily in the Indo-Pacific region. We believe that the Japanese market plays an important role in the diversification of Lithuanian exports and in finding a reliable partner in the region," Landsbergis said.
According to the Foreign Minister, Lithuania and Japan speak in one voice and have the same understanding of challenges posed by the aggressive behavior of China and Russia. “The same understanding of the situation paves new ways to the development of cooperation between our countries, firstly, economic cooperation,” Lithuania's Foreign Minister said.
During his visit, Landsbergis met with representatives of the most important Japanese business federation Keidanren, discussed possibilities for deeper economic cooperation between Lithuania and Japan, as well as presented economic challenges faced by Lithuania due to Russia's military aggression against Ukraine and China's pressure.
Options for Ukraine’s reconstruction were discussed with Tadashi Maeda, Governor at Japan Bank Intl Cooperation (JBIC), which is a Japanese public financial institution and export credit agency. Landsbergis called on the Governor to consider further investments in Lithuanian start-ups and presented infrastructure projects, in which Japanese companies were interested. “JBIC’s activities aimed at addressing global challenges are impressive. We highly appreciate JBIC’s presence in Lithuania. Thank you for supporting projects, developed by Lithuanian and Japanese companies,” the Foreign Minister said.
The meetings with representatives of the major Japanese trading conglomerates - Marubeni and Mitsubishi - focused on projects, implemented together with Lithuanian energy companies, cooperation opportunities in the high-tech sector, as well as food export and steel imports. The Foreign Minister also met with representatives of Mitsui O.S.K. Lines to discuss cooperation with Lithuanian energy companies in the fields of gas, liquid carbon dioxide (LCO2) and renewable energy, including wind farms and hydrogen technologies. The company presented its plans for further bilateral cooperation. Mitsui O.S.K. Lines is one of the world’s largest shipping companies and liquefied natural gas carriers.
Participants of the meetings with Japanese businesses, which were attended also by representatives of AB Klaipėdos nafta, welcomed cooperation in the areas of development of liquefied natural gas infrastructure, carbon capture and storage, and hydrogen technologies. The Lithuanian side also presented possibilities for further cooperation.
“We welcome the extremely deep economic dialogue with Japan and wish it to become even more intense. The list of joint projects is ambitious. I believe that the implementation of these projects will bring mutually beneficial results," Landsbergis said.