Minister Linkevičius meets with members of American-Lithuanian Business Council’s business mission
On 28 February, the Minister of Foreign Affairs of Lithuania Linas Linkevičius met with members of the American-Lithuanian Business Council’s business mission.
“Last year, the U.S. companies working in Lithuania started 15 new investment projects. This shows that we are attractive to investors. We welcome the growing trade between our two countries, as well as increases in the flows of foreign investment,” said Lithuania’s Foreign Minister.
For the second year in a row, the Lithuanian-American Innovation Award is granted to a Lithuanian individual, organization, university, or firm that has developed a cutting-edge technology or solution in collaboration with a U.S. partner.
Five out of 15 applicants were chosen as finalists to receive the award. The 2018 recipients are the Vittamed Non-invasive Intracranial Pressure (ICP) Meter (1st place) and Deeper Smart Sonar (2nd place).
“The Innovation Award directly helps to further promote scientific cooperation between the United States of America and Lithuania, and gives a fresh impetus to our country’s innovation developers," said Linkevičius.
The U.S.A.-Lithuania Defense Forum will take place on the second day of the American-Lithuanian Business Council’s visit to Lithuania. Over 70 Lithuanian companies have expressed their willingness to participate in the forum.
Members of the business mission represent such well-known U.S. companies as ‘Intermedix’, ‘Orbital ATK’, ‘Oshkosh Defense’, ‘Strategic Staffing Solutions’, ‘Textron Systems’, ‘Thermo Fisher Scientific, ‘Western Union’, ‘Philip Morris International’, ‘Michigan Delivery Systems and Support’, and ‘Pfizer’. Some of these companies have worked in Lithuania for many years. They have created new jobs and implemented new technologies. Other companies are exploring the potential of Lithuania, as they have plans to work in our country.