Lithuania's foreign minister encourages to unite efforts for a swifter implementation of the Rail Baltica project

Published: 17 July 2009 y., Friday

kelias
On 14 July in Vilnius, during a meeting with European Commission’s Coordinator for the Rail Baltica railway project Pavel Telička, Lithuania’s Acting Minister of Foreign Affairs Vygaudas Ušackas discussed ways of accelerating the implementation of Rail Baltica in the current economic environment and attracting foreign investments for the implementation of this project.

Head of Lithuania’s diplomacy stressed that for Lithuania, Rail Baltica is a strategically important project of infrastructure. According to Minister V.Ušackas, its implementation is progressing too slowly and time is being wasted. Therefore, Lithuania’s position on the market of the region is weakening. The Minister stressed that it was necessary to unite efforts, aiming to make significant progress.

P.Telička thanked Lithuania’s Ministry of Foreign Affairs for its vigorous involvement and support, aiming to implement the project faster and more effectively, and stressed that Lithuania had to remain an active partner of the Rail Baltica project. P.Telička acknowledged that it became harder to work on this project during the economic turndown, but there was a need to search for new solutions. According to P.Telička, it is important that the project should be completed as fast as possible.

Minister V.Ušackas invited P.Telička to contribute to the attracting of foreign companies to Lithuania and informed about the ASEM Transport Ministers’ Meeting and the Asia-Europe Transport Development Forum that are being organised in cooperation with Lithuania’s Ministry of Transport and Communications on 19-20 October in Vilnius. According to the Minister, these events also have to be of service for advocating the Rail Baltica project to Asian and European business representatives.

Šaltinis: 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

EU and Vietnam sign off on a deal that will boost air transport

An aviation agreement has been signed today by the European Union and the Vietnamese authorities which will remove nationality restrictions in the bilateral air services agreements between EU Member States and Vietnam. more »

The EIB celebrates its 30th year of activity in Cyprus with a EUR 180 million financing for urban environment

The European Investment Bank marked the 50th anniversary of the Republic of Cyprus and its 30 years of activity in the country with a public ceremony celebrating the signature of a total of EUR 180 million for urban environment. more »

Tighter rules on government deficits

In response to the financial crisis, the Commission has put forward legislative proposals to strengthen and expand existing tools for coordinating economic and fiscal policy in the EU. more »

SME Finance Forum: Ensuring access to credit and to finance to small businesses

In the first meeting of the SME Finance Forum, possible means to improve the current situation of access to finance were discussed, such as the introduction of a grace period for firms in difficulties, the involvement of credit mediators and improved loan guarantees. more »

The EU budget, a guide

The EU budget is no simple matter, but then no budget ever is. more »

Trichet: Parliament must play a central role in forging the new economic governance model

Parliament will be crucial in avoiding a “lowest common denominator” approach when helping to design the EU's new economic governance architecture, ECB president Jean-Claude Trichet told the Economic and Monetary Affairs Committee on Monday. more »

European Day of Languages 2010: Languages for business

With a multitude of language-related events taking place on or around 26 September, the main themes for this year's European Day of Languages are business and jobs. more »

Commission pays € 1.15 billion in Balance of Payments support to Romania

The EU disbursed today € 1.15 billion to Romania, the third instalment of a € 5 billion loan, which was agreed in May 2009 as part of a multilateral financial assistance package. more »

European Investment Bank supports GBP 250m gas network expansion and upgrade in Scotland and southern England

The European Investment Bank has agreed to lend GBP250 million for the replacement, reinforcement and expansion of the gas distribution networks operated by Scotland Gas Networks and Southern Gas Networks. more »

Fair food prices: new legislation needed, say MEPs

The bargaining positions of all players in the human food chain must be rebalanced, and fair competition enforced by law, to ensure fair returns to farmers and price transparency to consumers, says Parliament in a resolution voted on Tuesday. more »