“Irish direct foreign investments in Lithuania amount to 412 million. euros – this country ranks 15th among other Lithuanian partners. We see the potential for closer cooperation in the field of technology, including the use and development of artificial intelligence, as this could contribute to strengthening the countries’ innovation ecosystems and increasing competitiveness at the international level,” A. Armonaitė said in the report.
During the visit, the Minister will meet with the Irish Minister of State for Foreign Trade Promotion and the Digital Agenda, Dara Calleary. A meeting with the management of the state agency Enterprise Ireland and the Confederation of Irish Industrialists IBEC is also planned.
A. Armonaitė will also participate in the event organized by the Irish Direct Foreign Investment Agency “IDA Ireland”, where she will present the Lithuanian investment climate, and will visit the company “Ryanair”. The minister will also meet with representatives of the Lithuanian diaspora in Ireland.
According to the data of the Ministry of Economy and Innovation, trade turnover between Lithuania and Ireland reached 325 million last year. EUR, in which export amounted to 154.6 million EUR, import – 170.4 million. euros.
Ireland is also Lithuania’s 20th largest inbound tourism market.
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2024-05-05 03:28:43