ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Asia

Lithuania to open trade office in Taipei next month amid tensions with China

Taipei [Taiwan], August 19 (ANI): Amid heightened tensions with China, Lithuania plans to open a trade office in Taiwan next month in September.

ANI Aug 19, 2022 11:27 IST googleads

Representative Image

Taipei [Taiwan], August 19 (ANI): Amid heightened tensions with China, Lithuania plans to open a trade office in Taiwan next month in September.
Lithuania has appointed Paulius Lukauskas, an adviser to Lithuanian Prime Minister Ingrida Simonyte, to head the office, the Lithuanian Economy and Innovation Ministry said on Wednesday, reported Taipei Times.
"Taiwan is included in Lithuania's priority markets for innovation cooperation, exports and foreign direct investment. In the first half of this year, exports of Lithuanian-origin goods and services to Taipei increased by one-third," Lithuanian Minister of the Economy and Innovation Ausrine Armonaite was quoted as saying in the statement.
The relations between China and Lithuania deteriorated after Taiwan opened its official representative office in Vilnius in November 2021. Beijing lodged a protest against Lithuania and later downgraded the bilateral relations to the level of charges d'affaires.
Beijing in February this month, suspended imports of beef from Lithuania, according to a document released by the Chinese General Administration of Customs.
The office in Taipei would not only help diversify Lithuania's economic representation in Asia, but also promote mutual technological cooperation, the statement said.
Moreover, two-way trade for the first six months of this year increased by 92.6 per cent year-on-year, it said.
Lukauskas has more than 20 years of experience in the industry, and held corporate executive positions before assuming public office, it said.
Lithuania has commercial representatives in its embassies in the UK, the US, Sweden, Norway, Finland, France, Germany, the Netherlands and Israel, and expects to bring the total to 23 by 2024, the statement said.
Newly installed commercial representatives are to be stationed in embassies in South Korea, Japan and Poland, and the number of business representatives in the US and German embassies is to be expanded to three each, it said.
Lukauskas is advising Simonyte on strategic reforms, and previously headed Enterprise Lithuania, the country's entrepreneurship and export development agency.
The new trade office is to be called Lithuania's Trade Representative Office in Taipei, reported Taipei Times.
Lithuanian officials also said that it would be a commercial office and not diplomatic in nature, the Baltic News Service said.
In Taipei, the Ministry of Foreign Affairs on Thursday said it looks forward to close cooperation with the trade office.
China claims full sovereignty over Taiwan despite the separate two sides being governed separately for more than seven decades. Taipei continues to counter the Chinese aggression by increasing strategic ties with democracies including the US. (ANI)

Get the App

What to Read Next

US

FBI Director Kash Patel on Michigan Synagogue incident

FBI Director Kash Patel on Michigan Synagogue incident

"FBI personnel are on the scene with partners in Michigan and responding to the apparent vehicle ramming and active shooter situation out of Temple Israel Synagogue in West Bloomfield Township, Michigan. @FBIDetroit," Patel posted on X, adding that the bureau's FBI Detroit Field Office was involved in the response.

Read More
US

"FBI personnel assisting local authorities": Kash Patel

In a post on X, Patel said, "FBI personnel are providing assistance and working with local authorities responding to the shooting at Old Dominion University. We will update as able."

Read More
Asia

PM Modi speaks to Iranian President Pezeshkian

PM Modi speaks to Iranian President Pezeshkian

"Had a conversation with Iranian President, Dr. Masoud Pezeshkian, to discuss the serious situation in the region. Expressed deep concern over the escalation of tensions and the loss of civilian lives as well as damage to civilian infrastructure," PM Modi posted on X.

Read More
Asia

India consistently supported Maldives in crisis: Mohamed Nasheed

India consistently supported Maldives in crisis: Mohamed Nasheed

He highlighted India's role as a "first responder" for the Maldives, emphasising that India's support during critical periods has been fundamental to the stability and security of the island nation.

Read More
Asia

"Bangladeshi workers are in devastating situation in Gulf," WARBE

Haque, in a conversation with ANI, said that about four Bangladeshis have died, and 12-13 are injured.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.