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Lithuanian-Georgian Business Forum opens up markets for investment exchange

Date

2015 01 27

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On Tuesday, Prime Minister Algirdas Butkevičius, together with Georgian Prime Minister Irakli Garibashvili, participated in the Lithuanian-Georgian Business Forum, which focused on the promotion of investment, strengthening of bilateral partnership and search for new export markets. The Forum convened Lithuania’s largest food companies.

The Lithuanian Prime Minister noted historic ties between Lithuania and Georgia as well as long-standing friendly relations, which have been recently consolidated by the reliable partnership in trade and investment.

“I am happy to see here Georgia’s esteemed businessmen who are interested in investment opportunities in Lithuania”, said the Prime Minister. “Our country’s economy is one of the fastest growing in the European Union and our new currency, the euro, will serve as its another reinforcement.”

Algirdas Butkevičius drew particular attention to Lithuanian agricultural production, tourism industry and health industry. The Head of Government talked about measures taken to improve conditions for business, and pointed out that Lithuania gas gained worldwide reputation for its excellence in IT infrastructure. “Promotion of innovations is among Lithuania’s priorities”, said the Prime Minister.

The Prime Minister invited Georgian businessmen to visit Lithuania and see by themselves the potential for investment. “Lithuania can offer to Georgian business good investment environment and services for the public sector”, said the Head of Government, noting that the Lithuanian products have been steadily gaining ground in the markets of the EU, the United States and Central Asia.

Furthermore, the Prime Minister pointed out Lithuania’s readiness to offer attractive logistics solutions to Georgian goods destined to the EU.

Georgia’s Prime Minister Garibashvili assured that Georgia is an open market and also looks forward to the arrival of Lithuanian investments. The leaders of both countries signed an economic cooperation agreement, providing for stronger partnerships in areas of mutual interest: trade, investment and technology.