Lithuanian PM meets with ambassador of India

“Your Excellency Ambassador, please accept my warm greetings on the start of your diplomatic service in Lithuania. We trust that we will pursue intense bilateral cooperation and develop broader opportunities for the partnership of our states,” said Prime Minister Butkevičius. Ambassador of India Bisaria said that encouragement of economic and cultural cooperation between Lithuania and India should be given a priority.

The prime minister has underscored the need for closer trade relations, pointing out Lithuania’s advantages as a trading partner. “Lithuania is among the fastest-growing economies in the EU, with the projected DGP growth of 2.5 percent this year, and 3.2 percent in 2016,” said the prime minister.

The interlocutors have noted the four-fold increase of the Lithuanian high-tech exports to India since 2013, with the total export rate currently standing at 12.3 percent. The head of Government has pointed out the need for tapping the full potential of cooperation, which may acquire further momentum following the signature of the EU-India Free Trade Agreement.

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