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25 November 2024
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Lithuania’s small market attractive to U.S. business giants

 
Juan Verde.

Even though Lithuanian market is rather small, it is nevertheless attractive for its strategically convenient geographical location and development opportunities. According to the heads of the first U.S. certified trade mission in Lithuania, the visit of representatives of 20 large companies shows a growing interest in running business in Lithuania.

Juan Verde, Deputy Assistant Secretary for Europe and Eurasia at the U.S. Department of Commerce, the initiator of the trade mission idea, says that this visit is part of the new trade strategy of the United States. "For instance, the majority of trade missions this year were conducted to such countries as Russia, Turkey, Germany, and the UK. Therefore, this visit to Lithuania is exceptional as we believe that cooperating with Lithuanian companies, we will be able to grow and expand into third countries," he said.

The U.S. official also stressed that Lithuania's strategic location allows developing ties not only with Western markets, but also with Eastern and Scandinavian countries, in which the U.S. business is very interested.

Read more:
http://www.baltic-course.com/eng/good_for_business/?doc=46307

Category : News



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