Press release, 16 October 2014
In South Korea, the Speaker of the Seimas, Loreta Graužinienė, and the delegation led by her met with heads of Samsung Electronics and the Korea Chamber of Commerce & Industry. The meetings focused on possible cooperation between the two countries in trade, industry and business.
While presenting the investment environment in Lithuania, Mrs Graužinienė stressed that the main asset of our country is young, talented, educated and creative people as well as their achievements.
“Both our countries are in the lead of nations with the highest number of well and highly educated people. Lithuania sees a rapid introduction of new technologies and biotechnologies, and our talented young people have already become leaders in the global laser market. It is in these fields, as well as in food industry, transport, logistics, information and communication technologies, that Lithuania and Korea could search for common ground with each other by setting up joint ventures in Lithuania that could supply their products to the markets of the European Union and Eastern Europe”, said the Speaker of the Seimas.
Specific investment opportunities were presented in greater detail to Korean businessmen by representatives of Versli Lietuva (Enterprise Lithuania).
A possibility for South Korea and its business partners to use the universal ice-free deep-water port of Klaipėda was also discussed in the meetings.
The Speaker of the Seimas pleasantly surprised the executives of Samsung Electronics with the news of Lithuania joining the ranks of the leading countries having one of the highest rates of people with higher education in the world.
The executives of the company promised to conduct a deeper analysis into the possibilities of closer cooperation with Lithuania.
The Speaker of the Seimas and the delegation also visited the Samsung Innovation Museum. Mrs Graužinienė invited the South Korean businessmen to visit Lithuania. The heads of the Korea Chamber of Commerce and Industry expressed their interest and promised to pay a visit with a group of businessmen to Lithuania next year to assess the investment environment in the country.
The Speaker of the Seimas will discuss the issues of economic cooperation with the Prime Minister of South Korea.
Mrs Graužinienė is accompanied on her working visit to South Korea by Gediminas Kirkilas, Deputy Speaker of the Seimas and Chair of the Committee on European Affairs, and Andrius Kubilius, Leader of the Opposition.
On Tuesday, the delegation met with members of the Lithuanian community in South Korea, many of whom were young exchange students studying in South Korea.
Photos by Olga Posaškova, the Seimas Office
Secretariat of the Speaker of the Seimas, tel. +370 5 239 6002
Dalia Valentienė, Adviser to the Speaker of the Seimas, tel. +370 5 239 6030, mob. +370 698 42 786
