Ambassador of Kazakhstan held a meeting with the leadership of Lithuanian Confederation of Industrialists

Vilnius, June 23, 2022 - Ambassador of the Republic of Kazakhstan Viktor Temirbaev held a meeting with the leadership of the Confederation of Lithuanian Industrialists (LPK) and members of the Lithuanian-Kazakhstan Business Council.

The parties discussed further practical steps to implement the agreements reached during the visit of the Lithuanian business delegation headed by the Minister of Transport and Communications Marius Skuodis on June 14-15 this year in Nur-Sultan and Almaty.

The Ambassador of Kazakhstan outlined promising areas for Lithuanian investments in the economy of Kazakhstan and the creation of joint ventures, including in the transport and logistics, agricultural and IT sectors. According to the diplomat, all of this correlates with the tasks of President Kassym-Jomart Tokayev, voiced in his Address to the Nation “New Kazakhstan: A Path to Renewal and Modernization”.

LPK President, Chairman of the Board of the BOD Group Vidmantas Janulyavichus noted that Lithuanian entrepreneurs are interested in maintaining and building business ties with Kazakhstani business partners. The Lithuanian side sees prospects in the creation of joint ventures in Kazakhstan, including in the field of renewable energy sources.

The Lithuanian Confederation of Industrialists is the largest association of Lithuanian entrepreneurs. The total contribution of its members to the Lithuanian economy reaches over 40%. The confederation unites 51 trade and 5 regional associations, which include more than 3,000 medium and large enterprises.