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

MEPs secure overhaul of EU financial regulation

The financial and economic crisis has shown that reckless behaviour of banks and other financial institutions can have serious and costly consequences for Europe's economy and its people. more »

MEPs back unspent money for local energy & transport investment

Local services that create jobs and improve energy efficiency received a boost Thursday (2 September) when MEPs on the Industry, Research and Energy Committee approved plans for more investment. more »

The European Union approves EUR 264 million to help 19 African, Caribbean and Pacific States face the consequences of the economic crisis

The European Commission approved the first financing decisions under the EUR 264 million 2010 allocation for the so-called Vulnerability FLEX mechanism to help the most vulnerable African, Caribbean and Pacific countries cope with the impact of the global financial crisis and economic downturn. more »

Commission adds two Ghanaian airlines to the EU list of air carriers subject to an operating ban

The European Commission has today updated the list of airlines banned in the European Union to impose an operating ban on one air carrier from Ghana and to place operating restrictions on another air carrier from that country. more »

€7.5 million of EU funds to help 951 former workers in marine manufacturing in Denmark find new jobs

The European Commission today approved an application from Denmark for assistance under the European Globalisation adjustment Fund (EGF). more »

Commissioner Šemeta visits China to boost cooperation in custom controls and tackling counterfeit goods

Algirdas Šemeta, EU Commissioner for Taxation, Customs Union, Anti-Fraud and Audit, will open tomorrow an international conference at the Shanghai World Expo 2010 on building bridges to facilitate trade between China and the EU. more »

€90 million EU grant to crisis-hit Moldova approved by EP Trade Committee

Moldova is set to receive an EU grant of up to €90 million to help it through the financial crisis, following a vote at Parliament's Committee on International Trade on Monday. more »

August 2010: Business Climate Indicator for the euro area remains broadly unchanged

Important notice: since May 2010 business surveys data are classified in accordance with an updated version of the Nomenclature of Economic Activities (NACE rev. 2) causing a potential break in series at this date. more »

Spring 2010 Eurobarometer: EU citizens favour stronger European economic governance

75% of Europeans think that stronger coordination of economic and financial policies among EU Member States would be effective in fighting the economic crisis, according to the Spring 2010 Eurobarometer, the bi-annual opinion poll organised by the EU. more »

State aid: Commission extends the Slovenian bank liquidity support scheme

The European Commission has extended until the end of the year the liquidity support scheme for banks in Slovenia. more »