Three memoranda of understanding were signed on Friday with China Merchants Group at the Office of the Government. The memoranda were signed regarding Kaunas Free Economic Zone, Lithuanian Railways and Klaipėda State Seaport.
© Reuters/Scanpix

Prime Minister Algirdas Butkevičius received the Chinese delegation headed by Li Jianhong, Chairman of the Board of the Chinese state corporation.

"I would like to stress that Lithuania is ready to continue developing bilateral economic and trade relations and promote cooperation based on bilateral respect and equality," said Prime Minister Butkevičius at the meeting.

The head of Government highlighted the significance of the visit - as much as three memoranda of understanding were signed. "The initiative to sign memoranda of understanding with Kaunas Free Economic Zone, Lithuanian Railways and Klaipėda State Seaport signifies practical cooperation of our countries. These are the first steps seeking to attract investment from China and fulfil common goals in the area of logistics," said the Lithuanian prime minister.

The prime minister invited the Chinese representatives to attend Lithuania-China business forum Silk Road (Šilko Kelias), which will take place on 28-29 June and is organised by Klaipėda State Seaport and Lithuanian Railways.

"Silk Road is an opportunity to reach main markets of Central and Western Europe with 750 million consumers. Thus one of the most important Lithuania's transport strategy plans is to expand cooperation with China connecting one of the biggest global economies with European Union countries," said Butkevičius.

According to Li Jianhong, Chairman of the Board of the state corporation China Merchants Group, vast investment opportunities exist in Lithuania and China together with Lithuania is looking to create a logistics corridor linking Asia and Europe.

It is forbidden to copy the text of this publication without a written permission from ELTA.
Įvertink šį straipnį
Norėdami tobulėti, suteikiame jums galimybę įvertinti skaitomą DELFI turinį.
  • 1
  • 2
  • 3
  • 4
  • 5
(0 žmonių įvertino)
0
Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

Flight number in January increases by 3.8%

In January 2019, the number of flights in the Lithuanian airspace handled by air traffic controllers...

Fintech company Factris announces expansion and investment plans in Lithuania

Factris, the Amsterdam-based provider of factoring services has merged its operations with Lithuanian...

Processing of industrial hemp: an additional value of 100-300 m EUR for Lithuanian economy

Lithuanian Farmers‘ Union (Lietuvos ūkininkų sąjunga, LŪS) is encouraging country‘s...

Lithuanians love sushi – last year they bought twice as much as a year before that

As foreign cuisine grows more popular in Lithuania, some of those dishes are becoming an irreplaceable...

Tallinn and Helsinki are joining together. When Vilnius and Kaunas will follow?

The distance between Tallinn and Helsinki is the same as from Vilnius to Kaunas. Estonians and Finns...