Lithuania and China aim at strengthening economic and trade dialogue

Published: 12 November 2009 y., Thursday

Kinijos vėliava
On 11 November in Beijing, Lithuania’s Vice-Minister of Foreign Affairs Šarūnas Adomavičius took part in bilateral political consultations with representatives from foreign affairs, commerce and transport ministries of the People’s Republic of China. The consultations focused on bilateral economic and trade relations.

During the consultations with Chinese Vice Minister of Foreign Affairs Zhang Zhijun, key attention was dedicated to the strengthening of economic relations, and the promotion of trade and investments. Political, cultural, regional and global issues, such as the climate change and energy security were also discussed. The Minister of Foreign Affairs of the People’s Republic of China is invited to pay a visit to Lithuania in 2010.

Lietuvos vėliava

 Possibilities to deepen economic dialogue, especially when promoting the reduction of trade imbalance, were discussed at the Chinese Ministry of Commerce. Vice-Minister Š.Adomavičius stressed that lately China and Lithuania were active in   initiating projects that strengthen bilateral economic and trade cooperation. The Vice-Ministers discussed the next Chinese trade mission to Lithuania. The first trade mission to Lithuania was held in August. The delegation was led by the Vice Prime Minister of China. 

During the meeting at the Ministry of Transport of China, Vice-Minister Š.Adomavičius thanked China for its cooperation when organising the first ASEM Transport Ministers’ meeting in Vilnius on 19-20 October and promised to cooperate when organising the second ASEM Transport Ministers’ meeting in Asia.

On 10 November, Vice-Minister Š.Adomavičius paid visits to China Institutes of Contemporary International Relations and to Huawei Corporation, the leading global telecommunications solutions provider. During the meeting with Senior Vice President Qu Wenchu, further development of the corporation’s activities in Lithuania was discussed. This company has operated in our country since 2006.

Lithuania established diplomatic relations with China on 14 September 1921, and re-established them on 14 September 1991. The Embassy of China in Lithuania was opened in 1992. Lithuania’s Embassy in China opened in 1995.

In 2008, Lithuania’s exports to China amounted to 18.9 million euros, and Lithuania’s import from China equalled 542 million euros. The trade turnover between Lithuania and China was 560.9 million euros.

ASEM is a dialogue process, which joins all the EU member states and 17 Asian countries. Specific Europe-Asia cooperation projects in the policy, economy and socio-cultural areas are developed at the initiative of the countries that take part in the process.

Šaltinis: www.urm.lt
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Commission recommends to open excessive deficit procedures for Cyprus, Denmark and Finland

The European Commission today concluded on the existence of excessive deficits in Cyprus, Denmark and Finland and recommended deadlines for their correction to the Council. more »

Globalisation fund: Parliament backs aid to Ireland and Spain

Over 2000 former construction workers in Spain and nearly 600 ex-employees of Irish glass company Waterford Crystal and its suppliers will receive a total of €11 million in aid from the EU Globalisation Adjustment Fund to help with training, business start-ups and job guidance under plans agreed by MEPs and the Council of Ministers. more »

Budget 2011 negotiations coming closer - MEPs decide on tactics

MEPs on Tuesday decided six top priorities and a number of additional key issues for the upcoming negotiations on the 2011 budget. more »

EU-China research cooperation in the spotlight at World Expo Shanghai

The EU-China Science and Technology Week starts today at the heart of World Expo Shanghai. more »

European Investment Bank and European Commission to explore EU climate finance initiative

European Climate Action Commissioner Connie Hedegaard and European Investment Bank President Philippe Maystadt agreed on Monday to explore a joint climate finance initiative for developing countries as part of the European Union commitment made at the UN climate conference in Copenhagen last December. more »

Interconnected energy grid - a first step towards an EU energy community

Sustainability, competitiveness and security of energy supply: the three pillars to the foundation of a new EU energy community. more »

European Commission set to help Palestinian economy with full opening of EU market

EU Trade Commissioner Karel De Gucht and Palestinian Minister of National Economy Hasan Abu-Libdeh today discussed measures to enhance EU-Palestinian bilateral trade relations and to facilitate trade of Palestinian products to EU markets. more »

Affordable hybrid cars, bus systems that get people out of cars, “intelligent” cargo and much more: Brussels showcase for smarter and greener transport innovation

Some of the most innovative and exciting transport research projects funded by the EU are being showcased at the Transport Research Arena (TRA) in Brussels this week. more »

Galileo: European alternative to GPS needs more funding

Nowadays we rely heavily on satellite positioning and navigation, but the only available technology is American. more »

Conference to present the future of transport networks in Europe

The European Commission will reveal how it aims to revamp its transport networks policy in response to the challenges of the 21st century at a conference dedicated to the Trans-European Transport Network (TEN-T) in Zaragoza on 8 and 9 June. more »