Lithuanian President Dalia Grybauskaitė is starting her visit to China and says Lithuania has a unique opportunity that amid trade disputes in the global context and it would be unreasonable not to take advantage of it.
Dalia Grybauskaitė
© DELFI / Karolina Pansevič

"Global economy is slowing down, the multilateral trade system is being questioned and is even being destroyed, therefore, in these circumstances when China is trying to open itself up and is holding a first imports exhibition, (…) we have a unique opportunity in such an environment and it would be unreasonable and unforgivable if we did not use that situation," the president told the national radio LRT.

In Grybauskaitė's words, China plans to import goods and services for 10 trillion US dollars over the next five years.

The Lithuanian president also said that her visit to China will not only be used to create exports opportunities for Lithuanian products, but Lithuania and China are also organizing a bilateral meeting and will discuss their potential cooperation in the area of financial services.

Bilateral cooperation, global trade issues and problems in the EU-Chinese cooperation will be discussed during a meeting with Chinese President Xi Jinping, the Lithuanian president said.

"We have separate issues related to the Lithuanian-Chinese bilateral cooperation, with our exports being the most important of them. We will also speak about cooperation between the EU and China. Here we will speak about an investment agreement which would be very beneficial for us if it was signed between the EU and China as it would protect our potential investments in China. Also, we are speaking about an EU-China free trade agreement which would be very beneficial for us as well," Grybauskaitė said.

The meeting of the Lithuanian and Chinese leaders is scheduled for later on Monday.

Trade and political ties between the EU and China have gained new meaning recently amid tensions over the United States' decision to introduce tariffs for foreign goods. China is calling on the EU to boost their ties and together fight against US President Donald Trump's tariff decision. Meanwhile, the EU wants China to lift discriminatory requirements for foreign companies and ensure protection of intellectual property.

BNS
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

Lithuania ratifies North Macedonia's NATO accession protocol

The Lithuanian parliament (Seimas) unanimously ratified on Thursday North Macedonia's NATO accession...

Lithuania calls on Belarus to reconsider nuclear power plant construction

Lithuanian Prime Minister Saulius Skvernelis has called on neighboring Belarus to reconsider its...

Lithuania ready to lead Rail Baltica project: transport minister

Lithuania is ready to assume leadership of the Rail Baltica project to ensure its timely and...

Six steps by the cabinet in case of hard Brexit

In preparation for the potential withdrawal of the United Kingdom from the European Union without an...

Georgian president to visit Lithuania

Lithuanian President Dalia Grybauskaitė will meet Georgian President Salome Zurabishvili on...