President of the Republic of Lithuania President of the Republic of Lithuania

The President continues economic diplomacy in Chicago

2021-09-24

In Chicago, President Gitanas Nausėda met with Lithuanian businesses representatives that had established companies in the United States in different economic sectors – IT, transport, legal services, innovations, and others.

“The level and maturity of the businesses, established by the business community of Chicago Lithuanians, are really worthy to be proud of. I am not only delighted with their success, but I see them as potential and significant investors. The investments into Lithuania by Lithuanian companies are very welcome. It is an economic and social bridge linking the Lithuanian Americans community and Lithuania,” the President said. 

The meeting discussed economic situation in Lithuania, trends in the investment environment, challenges and progress towards a higher value-added economy. Lithuanians working in the U.S. and developing their businesses, who had already opened representations in our country, spoke positively about the growing professionalism and high skills of workers. They also highlighted the need to accelerate the reduction of the shadow economy, which still distorted competitive conditions in certain sectors in Lithuania.

In Chicago, the President will also meet with the honorary consuls of Lithuania to the United States to discuss the deepening of economic ties between Lithuania and the United States.

“The honorary consuls, playing substantial role in the politics and business of the United States, create significant added value for Lithuania. I am convinced that bilateral economic and trade relations with the United States could be even more viable with the help of the honorary consuls,” Gitanas Nausėda said.

The honorary consuls travel from different states to meet the President in Chicago. Others will attend the meeting virtually.

President Gitanas Nausėda also presented U.S. Congressman John Shimkus with state award for merits to Lithuania and his very significant work.

The President‘s Communication Group

Last updated 2021.09.24 17:11

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