Lithuanian PM and US Congressman Schiff discuss mutual economic interests

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USA flags DELFI / Kiril Čachovskij

The PM pointed out the importance of the United States as Lithuania’s strategic partner, and invited any investments in the country. He shared the anxieties generated by the geopolitical situation in the region and stressed the importance of opening of the American market for Lithuanian pork and beef, the prime minister’s press service said.

“US are a strategic partner of Lithuania. Our two countries share common values, security guarantees and economic interests. I am happy that globally known American companies operate in Lithuania, but it is notable, however, that the full potential has not as yet been exhausted. We are interested in cooperation in information technology and life sciences. We also invite American businesses to use our country as the springboard for trade with Eastern European countries, as Lithuania has a well-developed road infrastructure and the ice-free seaport, as well as highly-skilled professionals,” said Butkevičius.

The PM noted that in the context of the Russian embargo, the good news coming from the US Food Safety and Inspection Service (FSIS) in terms of its confirmation about Lithuania’s compliance with US requirements is more than welcome by the Lithuanian sectors of agriculture and logistics. The prime minister said he was convinced about the successful outcome of the necessary procedures required for the adoption of the regulation by the US administration enabling the listing of Lithuania in the US Federal Register of countries authorized to bring in meat products to the US, as well as the public debate on the issue, thus providing a possibility to open up new markets.

Congressman Adam Schiff noted that his country saw Lithuania not only as a strategic political partner, but also as a reliable country for the development of bilateral business interests.

Among other items discussed was the Transatlantic Trade and Investment Partnership Agreement, Lithuania’s accession to the Economic Cooperation and Development organisation, euro introduction and the current geopolitical situation.

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