BAKU, Azerbaijan, September 30. Lithuania sees a number of opportunities for economic cooperation with Kazakhstan, mostly in the areas of trade and transport and logistics, Egidijus Navikas, Ambassador of Lithuania in Kazakhstan, told Trend.
"Trade volume between Lithuania and Kazakhstan in 2023 has slightly decreased, but still remains at appropriate level. In the context of economic cooperation, Lithuania pays close attention to compliance with the international sanctions imposed on Russia and Belarus as a result of their aggression against Ukraine, and maintains a constant dialogue with its Kazakh counterparts on this issue," he said.
Navikas noted that, Lithuanian and Kazakh businesses continue to cooperate and look for development opportunities in the light of new geopolitical realities.
"We see a number of opportunities for economic cooperation, mostly in the areas of trade and transport and logistics," he said.
As he noted, prospects for investment cooperation also exist.
"One of such examples is the plan of the Kazakh company Hill Corporation to open a factory in Lithuania," he added.
Speaking about future areas of cooperation with Kazakhstan, the ambassador noted that economic cooperation between Lithuania and Kazakhstan is well-established and has remained stable for a number of years.
"However, new geopolitical realities bring new trends. The issue of raw material supply is becoming more relevant for Lithuania. Particular attention is paid to Critical Raw Materials. There are no major projects in this area yet, but there are clear trends in the development of cooperation," he said.
