BAKU, Azerbaijan, June 11
By Leman Zeynalova - Trend:
Chambers of Commerce may be established to make a significant contribution to the promotion of trade relations between Lithuania and Azerbaijan, Vice-Minister of Foreign Affairs of the Republic of Lithuania Egidijus Meilūnas told Trend.
“It takes mutual interest to develop trade relations and the best way to foster our economic and trade cooperation is by exchanging our business delegations and encouraging direct B2B contacts. Moreover, Azerbaijani and Lithuanian companies can take advantage of various initiatives to find potential business partners. For example, an event in Lithuania that was planned in 2020 and postponed to 2021 - the Life Sciences Baltics 2021 to be held in Vilnius on September 22–23, will focus on life sciences, pharmaceuticals, bio- and med-tech. This forum will be organized online, so we invite Azerbaijani companies, seeking for a unique opportunity to meet stakeholders and trend-setters of this industry not only from the Baltics, but from all around the world, to participate in this event. It should also be borne in mind that not only governmental institutions but also businesses themselves can take the initiative to develop bilateral economic relations. Chambers of Commerce may be established to make a significant contribution to the promotion of trade relations,” said the vice-minister.
Meilūnas noted that Azerbaijan is one of our main trading partners in South Caucasus. Although, trade relationship between Lithuania and Azerbaijan currently are not intense, they could be intensified in the short and medium run.
“There are opportunities in some sectors to consider in order to expand the trade between Lithuania and Azerbaijanmechanical engineering, electrical equipment), foodtransport and logistics, furniture, electronic equipment, medicine could be the most potential sectors to expand our bilateral cooperation,” he added.
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