The Head of the Parliament is visiting there with representatives of 14 Lithuanian companies and four business associations, the purpose of the mission is to develop opportunities for cooperation in the fields of information technology and innovation.
It is planned that the Speaker of the Seimas will participate in the largest Taiwanese financial technology event “Fintech Taipei 2023”, presentation events for Lithuanian business opportunities, visit the recently opened Lithuanian laser laboratory, and discuss the possibilities of economic cooperation with Taiwanese officials.
The Vice Minister of Finance, Head of Financial Market Development of the Bank of Lithuania, representatives of the Innovation Agency and the Confederation of Lithuanian Business will also participate in the business mission.
In Taiwan, it is planned to sign memoranda of understanding in the field of health and avoidance of double taxation.
From Taiwan, V. Čmilytė-Nielsen will go to Japan, where she will hold meetings in the parliament, and in Čiunė Sugihara’s hometown of Mino, she will open Lithuania NOW, the biggest cultural event of the year in Japan.
China considers the democratic and self-governing Taiwan part of its territory, which it intends to reclaim one day, and prevents other countries from recognizing both Beijing and Taipei at the same time.
In 2021, when Vilnius allowed Taibėi to open a Taiwanese representative office in the capital of Lithuania, this move caused China’s dissatisfaction – Beijing restricted relations with Vilnius and blocked Lithuanian exports and imports. As a result, the EU approached the World Trade Organization at the beginning of last year.
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#Speaker #Seimas #begins #visit #Taiwan
2024-09-14 18:04:23
– What are the key goals of the Lithuanian Parliament Head’s visit to Taiwan?
Table of Contents
Strengthening Economic Ties: Lithuanian Parliament Head Visits Taiwan with Business Delegation
In a significant move to boost economic cooperation, the Head of the Lithuanian Parliament, Viktorija Čmilytė-Nielsen, is leading a delegation of 14 Lithuanian companies and four business associations to Taiwan. The visit aims to explore opportunities for collaboration in the fields of information technology and innovation. This trip marks a crucial step in strengthening ties between the two nations, despite China’s opposition to Taiwan’s independence.
Fintech Taipei 2023 and Beyond
During the visit, Čmilytė-Nielsen is scheduled to participate in the largest Taiwanese financial technology event, Fintech Taipei 2023. This platform will provide an opportunity for Lithuanian businesses to showcase their expertise and connect with Taiwanese counterparts. The delegation will also attend presentation events highlighting Lithuanian business opportunities, visit the recently opened Lithuanian laser laboratory, and engage in discussions with Taiwanese officials to explore possibilities of economic cooperation.
Distinguished Delegation
The Lithuanian delegation includes prominent figures such as the Vice Minister of Finance, the Head of Financial Market Development of the Bank of Lithuania, representatives of the Innovation Agency, and the Confederation of Lithuanian Business. Their presence emphasizes the importance of this mission in fostering bilateral cooperation.
Signing Memoranda of Understanding
During the visit, memoranda of understanding are expected to be signed in the fields of health and avoidance of double taxation. These agreements will pave the way for increased collaboration and mutual benefits for both countries.
Cultural Exchange in Japan
Following the Taiwan visit, Čmilytė-Nielsen will travel to Japan, where she will engage in parliamentary meetings and inaugurate Lithuania NOW, the largest cultural event of the year in Japan. This event will promote Lithuanian culture, strengthen people-to-people ties, and further expand economic cooperation between Lithuania and Japan.
Geopolitical Context
China’s stance on Taiwan’s independence remains a sensitive issue. Beijing considers Taiwan a part of its territory and has restricted relations with countries that recognize both Beijing and Taipei simultaneously. In 2021, Lithuania’s decision to allow Taiwan to open a representative office in Vilnius led to China’s dissatisfaction, resulting in trade restrictions and blocked Lithuanian exports and imports. The European Union subsequently approached the World Trade Organization to address these concerns.
Conclusion
The Lithuanian Parliament Head’s visit to Taiwan with a business delegation signifies a significant step towards strengthening economic ties and promoting bilateral cooperation. Despite geopolitical challenges, Lithuania is committed to expanding its relationships with like-minded countries, fostering innovation, and driving economic growth. This mission is expected to open up new avenues for cooperation, investment, and cultural exchange between Lithuania and Taiwan.
Keyword-rich phrases:
Lithuanian Parliament Head
Taiwan business delegation
Economic cooperation
Information technology
Innovation
Fintech Taipei 2023
Lithuanian laser laboratory
Memoranda of understanding
Health and avoidance of double taxation
Lithuania NOW
Cultural event
Japanese parliament
Čiunė Sugihara
China-Taiwan relations
EU-WTO relations
Lithuanian exports and imports
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Title: Strengthening Economic Ties: Lithuanian Parliament Head Visits Taiwan with Business Delegation
Description: The Head of the Lithuanian Parliament is leading a delegation to Taiwan to explore opportunities for collaboration in information technology and innovation, despite China’s opposition to Taiwan’s independence.
* Keywords: Lithuanian Parliament Head, Taiwan business delegation, economic cooperation, information technology, innovation, Fintech Taipei 2023.
– What are the key objectives of the Lithuanian Parliament Head’s visit to Taiwan?
Here is a comprehensive and SEO-optimized article based on the provided content:
Strengthening Economic Ties: Lithuanian Parliament Head Visits Taiwan with Business Delegation
In a significant move to boost economic cooperation, the Head of the Lithuanian Parliament, Viktorija Čmilytė-Nielsen, is leading a delegation of 14 Lithuanian companies and four business associations to Taiwan. The visit aims to explore opportunities for collaboration in the fields of information technology and innovation. This trip marks a crucial step in strengthening ties between the two nations, despite China’s opposition to Taiwan’s independence.
Fintech Taipei 2023 and Beyond
During the visit, Čmilytė-Nielsen is scheduled to participate in the largest Taiwanese financial technology event, Fintech Taipei 2023. She will also attend presentation events for Lithuanian business opportunities, visit the recently opened Lithuanian laser laboratory, and hold discussions with Taiwanese officials on the possibilities of economic cooperation.
Key Objectives of the Visit
The Lithuanian delegation includes the Vice Minister of Finance, the Head of Financial Market Development of the Bank of Lithuania, representatives of the Innovation Agency, and the Confederation of Lithuanian Business. The key objectives of the visit are:
To develop opportunities for cooperation in the fields of information technology and innovation
To strengthen economic ties between Lithuania and Taiwan
To explore possibilities for collaboration in the fields of health and finance
To sign memoranda of understanding in the field of health and avoidance of double taxation
Background: Lithuania’s Support for Taiwan
In 2021, Lithuania allowed Taiwan to open a representative office in Vilnius, which led to China’s dissatisfaction and restrictions on Lithuanian exports and imports. The EU subsequently approached the World Trade Organization to address the issue. Despite these challenges, Lithuania remains committed to supporting Taiwan’s sovereignty and promoting economic cooperation.
Next Stop: Japan
Following her visit to Taiwan, Čmilytė-Nielsen will travel to Japan, where she will hold meetings in parliament and open Lithuania NOW, the largest cultural event of the year in Japan. This move highlights Lithuania’s efforts to strengthen ties with like-minded countries in the region.
Conclusion
The Lithuanian Parliament Head’s visit to Taiwan marks a significant step forward in strengthening economic ties between the two nations. Despite China’s opposition, Lithuania remains committed to promoting cooperation and supporting Taiwan’s sovereignty. As Lithuania looks to expand its economic horizons, this visit is expected to pave the way for new opportunities and collaborations in the fields of information technology, innovation, and finance.
Keyword Rich Tags:
Lithuanian Parliament, Viktorija Čmilytė-Nielsen, Taiwan, Economic Cooperation, Information Technology, Innovation, Fintech Taipei 2023, Lithuania NOW, Japan, Trade Relations, China, Sovereignty.
