The second UAE–Lithuania Business Council Meeting has explored ways to strengthen trade and investment ties between the United Arab Emirates and the Republic of Lithuania.
The discussions focused on expanding joint business activities, fostering greater collaboration, and promoting the exchange of expertise and experiences to drive mutual economic growth.
The UAE–Lithuania Business Council meeting was organized by the Lithuanian Chambers of Commerce, Industry, and Crafts, with broad participation from representatives of the public and private sectors of both countries, with the aim of supporting commercial partnerships and developing new avenues of economic cooperation.
UAE–Lithuania Business Council Meeting Explores New Opportunities
Abdullah Sultan Al Owais, Vice Chairman of the Federation of UAE Chambers of Commerce and Industry, Chairman of Sharjah Chamber of Commerce and Industry, and head of the UAE side of the UAE–Lithuania Business Council, said that the second meeting of the joint business council in Vilnius reflect both sides’ keenness to enhance communication between business communities, explore promising investment prospects and work towards increasing trade volumes between the UAE and Lithuania.
Al Owais noted that the UAE–Lithuania Business Council meeting represents an important platform for establishing new business relations between Emirati entrepreneurs and their Lithuanian counterparts, and for expanding cooperation across diverse and vital industries to support economic growth in both countries.
Sigitas Gailiūnas, President of the Association of Lithuanian Chambers of Commerce and Industry, stated the meeting saw the participation of more than 30 Lithuanian companies operating across sectors, including furniture, real estate, and tourism.
He affirmed that the coming period will see a greater focus on investment in technology and clean-energy solutions, which represent key areas for future cooperation.
The meeting featured bilateral discussions between Emirati and Lithuanian business representatives, complemented by a series of presentations that showcased promising investment opportunities. Key talks emphasized the substantial potential for deepening private-sector partnerships and enhancing economic collaboration between the two nations.
