Prime Minister: Economic cooperation with the US is our priority

In a meeting with the heads of companies of the Lithuanian-American Business Council, Prime Minister Ingrida Šimonytė discussed the possibilities of strengthening economic and business relations between Lithuania and the United States of America (USA). The Lithuanian Prime Minister emphasized that economic cooperation with the United States is a priority for Lithuania.

“Increasing US investments in Lithuania and growing trade between our countries, even in a year marked by a pandemic, are a serious signal of confidence in Lithuania for foreign investors, existing and potential business partners. This shows Lithuania’s attractiveness for global business, “said I. Šimonytė.

During the meeting, the Lithuanian Prime Minister presented the steps taken by the Government to further improve the investment environment in Lithuania and invited US-based companies to expand their business.

The Prime Minister emphasized that the Government will continue to strive to create favorable conditions for the development of innovative sectors in Lithuania, as well as to attract investors with high capacity to develop global business service centers.

“Already today we see that Lithuanian companies in biotechnology, lasers, life sciences, financial technologies, IT and other innovative sectors are able to offer interesting solutions and products for global business. We hope that US companies will actively take advantage of these opportunities, “the Prime Minister noted.
The US companies participating in the meeting represent the sectors of defense, information technology, cyber security, biotechnology and pharmaceuticals, human resources management and are already carrying out or planning activities in Lithuania. The Lithuanian-American Business Council’s corporate delegation includes Thermo Fisher Scientific, Pfizer, Eli Lilly, Lockheed Martin, Oshkosh Defense, Palo Alto Networks, Strategic Staffing Solutions, Raytheon Technologies, “Managers and representatives of MSD (Merck), S2 Global, Northrop Grumman.

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