EU leaders on Friday asked the European Commission to examine the possibility of screening investments from third countries, particularly from China.
Li Keqiang and Angela Merkel
© AP / Scanpix

Lithuanian diplomats believe that the French initiative may help strengthen the national security of EU countries, but critics warn that it may lead to protectionism and undermine the principles of free trade.

Nerijus Aleksiejunas, an advisor to Lithuanian President Dalia Grybauskaitė, says that, at the EU level, it will be considered screening investments for compliance with national security and the principle of reciprocity.

"Such a need arises from the geopolitical reality in which third-country investments pose a threat to national security," he told BNS by phone from Brussels after the European Council's meeting.

The Lithuanian government has, on more than one occasion, criticized Russia for using its investments in energy and other key sectors as a geopolitical tool. Lithuania has also been cautious lately about potential Chinese investments in its strategic economic sectors.

Lithuania's worries about Beijing's position were further stoked by this week's reports that the Chinese Navy will soon take part in a joint military exercise with Russia in the Baltic Sea.

Palestinians ask for Lithuania's assistance

The Palestinians hope to have their representation in Vilnius in two years and are asking Lithuania...

Swastika shaped using soil appears near Jewish community building in Vilnius (4)

A swastika shaped using soil appeared on the sidewalk close to the main entrance of the Jewish...

Foreigners stand trial for drug production in Latvia, sale in Lithuania

A Vilnius court on Friday started hearing a case of several oreigners who produced drugs in Latvia...

Pennsylvania Guard to help army to develop division-level HQ

Representatives of the Lithuanian Land Force and the 28th Infantry Division (28ID) of the...

New political group formed in parliament

The formation of a new political group in the Lithuanian parliament was on Wednesday announced...