President Dalia Grybauskaitė is attending the World Economic Forum in Davos, Switzerland, and is scheduled to meet with heads of Germany, Ukraine and Georgia. According to the president, major global companies like Google, Nasdaq as well as biotechnology and pharmaceutical company Thermo Fisher show interest in investing in Lithuania.
© AFP/Scanpix

The president is also scheduled to meet with Secretary-General of the Organisation for Economic Co-operation and Development (OECD) Angel Gurria. Lithuania is striving to launch negotiations on the OECD membership already this year. Gurria has said that Lithuania is well prepared for the accession process.

"It is a crucial meeting for Lithuania during which we will discuss what has been accomplished and what else should be undertaken before the negotiations begin," the president told the national radio.

According to Grybauskaitė, Google is interested in investment opportunities and would like to open an office in Vilnius. Nasdaq is also planning to open its centre in Lithuania.

The president said that everyone is showing interest and is seeking to meet. According to her, additional tasks will probably take much time and energy but will be more fruitful and important than direct talks in one of discussion forums.

As reported, on Wednesday, 21 January, Grybauskaitė is participating in the World Economic Forum in Davos as one of the keynote speakers at the debate on the effect of geo-economics on energy.

Recognition for Lithuania

The Lithuanian president's participation in the World Economic Forum in Davos is a sign of recognition of the country's achievements, an economist said on Wednesday.

"Lithuania could be a good example of how to deal with a massive economic crisis. We overcame the 2009-2010 economic crisis successfully, albeit not without losses," Gitanas Nausėda, advisor to the president of SEB Bankas, one of the country's largest banks, told LRT Radio.

"Lithuania could be an example of how a country can introduce the euro as its currency after having gone through these difficulties and as an example of how a country can move with big steps toward greater energy independence from Russia," he said.

Grybauskaitė on Wednesday gave a speech during a debate on the effect of geo-economics on energy and is to take part in a round-table discussion with energy companies' top executives, influential experts and analysts.

This is Grybauskaitė's first time in Davos. Her predecessor, Valdas Adamkus, attended the forum in the Swiss ski resort in 2001, 2008 and 2009.

It is forbidden to copy the text of this publication without a written permission from ELTA.
Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

Vitas Vasiliauskas: the matter of income inequality will become only more acute next year

The cabinet’s tax and public sector policy is not contributing to resolving income inequality...

CityBee is set to join European car-sharing leaders with a 110 mln EUR investment in major fleet upgrade

CityBee Solutions, which operates car-sharing services in Lithuania and Poland, today announced an...

A new money transfer startup goes to market donating its income for social campaign

Due to the growing financial awareness of the people, alternative money transfer platforms are coming...

D. Grybauskaitė: the EU will owe us

Lithuanian farmers will not receive the sort of direct grants from the EU as were promised already...

Revolut turns new page with Lithuania-facilitated banking license

Today, Revolut together with the Bank of Lithuania have announced that the challenger bank received...