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Lithuania seeks deeper economic and energy cooperation with Vietnam
๐Ÿ‡ฑ๐Ÿ‡น Lithuania /Economy & Trade

Lithuania seeks deeper economic and energy cooperation with Vietnam

From Delfi · () Lithuanian

Translated from Lithuanian, summarized and contextualized by DistantNews.

At a glance

News Official statement Context piece
  • Lithuania's Foreign Minister Gabrielius Landsbergis met with Vietnam's Deputy Prime Minister to discuss strengthening bilateral cooperation.
  • The meeting focused on economic and energy sector partnerships, with Lithuania expressing interest in sharing its energy security experience.
  • Lithuania recently joined the ASEAN Treaty of Amity and Cooperation, signaling a commitment to deeper engagement with Southeast Asia.

Lithuania is seeking to deepen its economic and energy ties with Vietnam, following the country's recent accession to the ASEAN Treaty of Amity and Cooperation (TAC).

Joining the ASEAN Treaty of Amity and Cooperation is an important step in strengthening Lithuania's ties with Southeast Asia, and we see cooperation with Vietnam as an important direction of this policy.

โ€” Gabrielius LandsbergisThe Lithuanian Foreign Minister highlighted the significance of joining the TAC and its implications for bilateral relations with Vietnam.

During a meeting with Vietnam's Deputy Prime Minister, Lithuanian Foreign Minister Gabrielius Landsbergis emphasized the potential for mutually beneficial partnerships in the energy sector. Lithuania, which has gained significant experience in energy security, liquefied natural gas (LNG) infrastructure development, and energy resource diversification, is keen to share its expertise.

Landsbergis specifically invited Vietnamese partners to visit Lithuania's Klaipฤ—da LNG terminal to explore collaboration opportunities. He also highlighted Lithuania's successful synchronization of its electricity grid with continental Europe, suggesting potential Lithuanian contributions to Vietnam's plans for connecting its northern and southern power systems and enhancing energy resilience.

Energy is one of the most promising areas of cooperation between Lithuania and Vietnam. Lithuania has accumulated unique experience in strengthening energy security, developing LNG infrastructure, and diversifying energy resources. We are ready to share this experience with our Vietnamese partners and look for concrete, mutually beneficial projects.

โ€” Gabrielius LandsbergisLandsbergis outlined the potential for collaboration in the energy sector, emphasizing Lithuania's expertise and willingness to partner on projects.

The discussions also touched upon opportunities for Lithuanian businesses in Vietnam, particularly in infrastructure development and high-speed rail projects. Lithuania's membership in the TAC, alongside countries like Sweden, Poland, and Romania, underscores its strategic focus on strengthening relations with Southeast Asian nations.

Lithuania has successfully implemented the synchronization of strategic electricity grids with continental Europe. This was a complex technical and political process that gave us valuable experience. We see great potential for cooperation with Vietnam in the areas of electricity grid development and strengthening energy resilience.

โ€” Gabrielius LandsbergisThe Foreign Minister drew parallels between Lithuania's grid synchronization project and Vietnam's energy infrastructure plans, suggesting areas for joint efforts.
DistantNews Editorial

Originally published by Delfi in Lithuanian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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