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Landsbergis: “Lithuania’s journey of resistance to China’s economic coercion launched with partners strengthens our businesses, the EU’s single market and free trade principles worldwide”

Created: 2024.05.06 / Updated: 2024.05.07 08:28
      Landsbergis: “Lithuania’s journey of resistance to China’s economic coercion launched with partners strengthens our businesses, the EU’s single market and free trade principles worldwide”
      Landsbergis: “Lithuania’s journey of resistance to China’s economic coercion launched with partners strengthens our businesses, the EU’s single market and free trade principles worldwide”
      Landsbergis: “Lithuania’s journey of resistance to China’s economic coercion launched with partners strengthens our businesses, the EU’s single market and free trade principles worldwide”
      Landsbergis: “Lithuania’s journey of resistance to China’s economic coercion launched with partners strengthens our businesses, the EU’s single market and free trade principles worldwide”
      Landsbergis: “Lithuania’s journey of resistance to China’s economic coercion launched with partners strengthens our businesses, the EU’s single market and free trade principles worldwide”

      On May 6, Lithuania’s Minister of Foreign Affairs, Gabrielius Landsbergis, met with the U.S. Under Secretary of State Jose W. Fernandez. The senior U.S. official participated in the international conference titled “Building a resilient economy and resisting economic coercion.”

      “Lithuania’s journey of resistance to China’s economic coercion launched with partners strengthens our businesses, the EU’s single market and free trade principles worldwide. A wide interest in this international meeting in Vilnius confirms that the number of cases of use of economic coercion is increasing, and more and more countries want to join together to resist economic pressure effectively,” Landsbergis said at the meeting with the senior U.S. official. 

      The head of Lithuania’s diplomacy and the guest from the U.S. also discussed the impact of sanctions, which reduce the power of autocratic regimes. They also agreed to continue cooperation to tighten sanctions against Russia and its accomplices regimes and increase support for Ukraine. 

      “Every doubt we have, every delay in helping Ukraine helps the aggressor and weakens the international community as a whole. The final victory in this war will determine the path of history in Europe and worldwide,” the Minister of Foreign Affairs of Lithuania said. 

      Landsbergis and Jose W. Fernandez also discussed how Lithuania’s experience could contribute to strengthening the role and impact measures of the World Trade Organization (WTO) and other international organisations. 

      “If we are together, the big one will no longer be able to break the smaller one. If we remain united, we will contribute to the preservation of the rules-based order and help not only one affected country but also ensure credible deterrence in the future,” Landsbergis said. 

      According to the Bank of Lithuania, in 2023, Lithuania’s services exports to the markets of 10 Indo-Pacific countries (Australia, Japan, India, South Korea, Singapore, Indonesia, Taiwan, Vietnam, Malaysia, and Thailand) grew by 36 % (from EUR 167 million to EUR 228 million).

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