The Ministry of Overseas Affairs guarantees to legalize the usage of Lithuanian enterprise within the buy of international weapons

In an interview with BNS, Vice Minister Greta Tučkutė stated that this may each strengthen Lithuania’s nationwide safety and support the native protection business.

What market contributors name would seem within the regulation persecution – a mechanism the place the state and the arms vendor agree that a part of the vendor’s obligations associated to, for instance, the restore or manufacturing of weapons, is carried out with the assistance of Lithuanian firms.

Within the draft regulation, that is outlined by the time period “industrial cooperation”.

“Industrial cooperation is absolutely necessary as a result of it ensures nationwide safety and protection, ensures provide chains and the flexibility to have the merchandise, providers, and gear that we want most,” stated G. Tučkutė in an interview with BNS.

“To have applied sciences in all probability already from these trendy firms that would come right here and develop their actions and on this approach, if there may be, for instance, an enormous acquisition, then is not it dangerous for us, if, for instance – right here I am speaking hypothetically – 20 % of that acquisition returns to our business, to our market, the place our workforce can work and nonetheless create added worth and create a product that’s of explicit significance to nationwide safety,” she stated.

The Ministry of Protection registered the draft regulation on protection and safety business final autumn, after a number of months of coordination, it ought to quickly attain the Authorities.

After approval by the Cupboard of Ministers, the regulation will nonetheless should be adopted by the Seimas.

– I perceive that you simply invited me to talk as a result of you’ll quickly current the Protection and Safety Trade Regulation to the Authorities?


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2024-05-24 12:20:52

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