Lithuania has expressed interest in expanding trade and investment with Bangladesh in the technology, transport and logistics sectors, and wants to strengthen bilateral commercial cooperation.
The interest was conveyed by Lithuanian Vice Minister for Foreign Affairs Vidmantas Verbickas during a courtesy call on FBCCI Administrator Md Fazlul Hoque on Thursday afternoon.
Fazlul Hoque welcomed Lithuania’s interest but urged the country to simplify its visa procedures. He said it is quite difficult for Bangladeshi businesspeople to complete visa procedures by travelling to another country. The administrator highlighted trade and investment potential with Lithuania, an EU member, and expressed hope that Bangladesh could benefit from Lithuania’s experience in technology, transport and logistics, said a press release.
The Lithuanian vice minister said their main goal is to expand markets in Europe as well as the Indo-Pacific region. He expressed interest in using Bangladesh as a strategic commercial hub in the region.
On visa complications, Verbickas said options are being explored to ease them through a visa service centre in Dhaka or through the consulate of another Schengen member country.
The Lithuanian vice minister formally invited a Bangladeshi business delegation to attend DigiTech Summit and EU-Bangladesh Business Forum to be held in Lithuania next year.
FBCCI Secretary General Md Alamgir, Deputy Head of Mission of the Lithuanian Embassy in India Lukas Kisielius, and Attaché of the Department of Indo-Pacific Region at Lithuania’s Ministry of Foreign Affairs Kristina Bikauskaite.
