Lithuania may benefit from Chinese investment, however, they should be considered from the economic and the national security point of view, says Lithuania's Foreign Minister Linas Linkevičius, adding that strategic objects should be controlled by the state.
© DELFI / Domantas Pipas

"We should evaluate them in the economic and the security aspect – we cannot lose strategic control on objects of strategic importance, to put it directly. However, the cooperation and the investments that may add more power to our economy and attract additional flows of goods – they are beneficial," Linkevičius told Žinių Radijas news radio on Wednesday morning.

Asked whether Lithuania risked ending up in China's pocket, the minister replied that the risk of losing the control of investments remained "in case of unbalanced attitude."

Linkevičius said Lithuania's current relations with China were good and pragmatic.

In the first nine months of last year, Lithuania exported 132 million euros worth of commodities to China, which is an increase by 50 percent year-on-year.

BNS
It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.
Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

Poland thanks Lithuania for naming Vilnius street after Kaczynski

Poland on Friday thanked Lithuania for naming a street in its capital Vilnius after late Polish...

Locomotives perform Poland's anthem in Lithuania on centenary occasion

Seven locomotives performed Poland 's national anthem in Vilnius on Friday as Poland's independence...

Street named after late Polish President Kaczynski unveiled in Vilnius

A sign marking a Vilnius street named after late Polish President Lech Kaczynski has been unveiled...

Sign marking Vilnius street named after late Polish president to be unveiled

A sign marking Vilnius' street named after the late Polish President Lech Kaczynski will be unveiled...

Lithuania contributes EUR 20,000 to UN Central Emergency Response Fund

The Lithuanian Foreign Ministry said on Wednesday it has allocated 20,000 euros in humanitarian aid to...