Chancellor Algirdas Stončaitis: Japanese business is welcome to discover Lithuania

Chancellor of the Government met with representatives of Japan Industrial Federation Keidanren to discuss prospects for economic cooperation and to present investment opportunities in Lithuania. The chancellor makes it clear: Japanese business is welcome to discover Lithuania.

On behalf of the Prime Minister, A. Stončaitis thanked the representatives for their attention to Lithuania. This visit is another testimony to increasingly active cooperation between Lithuania and Japan.

It was emphasized that Japan is Lithuania’s main partner in Asia and both countries share common values and global challenges. Lithuania supported Japan’s candidacy in the vote on the 2020 Summer Olympics, 2025 World Expo.

Representatives of Keidanren, Chancellor of the Government A. Stončaitis and other employees. (Source: LRV)

Previous meetings between Lithuanian officials and Japanese businesses have also reached similar conclusions. During his meeting with “Rakuten” CEO President Gitanas Nausėda also noted that Lithuania may become Japan’s business bridge to EU the market.

“I am delighted that Lithuania has declared 2020 as the year of Chiune Sugihara. Interest in Chiune Sugihara’s legacy is growing and attracting more and more tourists from Japan. Let me emphasize separately the important role of the Japanese Embassy in Vilnius, as well as that of Ambassador J.E. Shiro Yamasaki’s contribution in strengthening practical cooperation between Lithuania and Japan, ”said A. Stončaitis.

The Lithuanian-Japanese economic-trade partnership is intensive and dynamic. Since 2010 bilateral trade turnover increased almost 10 times. Lithuania sees the greatest potential for further cooperation and encourages further expansion of investment projects in the areas of Information and Communication Technology (ICT), Financial Technology (FinTech), Science and Innovation, Life Sciences and Defense Industry among others.

Keidanren unites about 1.6 thousand people. Management from 14 world-renowned Japanese companies is coming to Lithuania: Sumitomo, Mitsubishi, TEPCO, Hitachi, Japan Airlines and others.

Author: BalticAsia

Professional approach to Japan, China, and South Korea.

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