Paulius Lukauskas has been appointed Head of the Lithuanian Trade Representation in Taipei, which will start operating in September.

Around €600 million will be made available over several years to stimulate innovation, with the first funding instruments expected to start in autumn this year.

The Ministry of the Economy and Innovation has calculated that only during the first half of this year, the administrative burden on business in Lithuania has been reduced by EUR 9.49 million, compared to EUR 145.58 million since the beginning of its assessment in 2014.

The first meeting of the Board of the Innovation Agency, during which the Chair of the Board was elected, was held on 10 August. This position was filled by Dr.  Agnė Paliokaitė, Head of the research institute Visionary Analytics.

Minister of the Economy and Innovation Aušrinė Armonaitė will appoint her current advisor Karolis Žemaitis as the new Deputy Minister, who will be in charge of export, investment and talent attraction issues. He will replace Jovita Neliupšienė in the Ministry's management team, who is returning to diplomatic service at the Ministry of ...

Lithuania intends to establish closer cooperation with South Korea in the field of high value-added technologies. To this end, Deputy Minister of the Economy and Innovation Jovita Neliupšienė, together with Lithuanian business representatives, is visiting South Korea to present the advantages of Lithuania's biotechnology and life sciences sector, as well as ...

Lithuania's public sector digital services have received a solid evaluation at European level. In the European Commission's European e-Government Scoreboard, a survey of 35 countries, Lithuania was ranked in the top group of countries, taking 8th place. This is an improvement on last year's ranking of 12th in the survey.

Minister of the Economy and Innovation Aušrinė Armonaitė received the Ukraine Peace Prize, introduced by the President of Ukraine Volodymyr Zelenskyy.   She was awarded on behalf of the Ukrainian people for her support to Ukraine during the country’s war with Russia.

Lithuania's score in the European Commission's annual Digital Economy and Society Index (DESI) report is above the overall EU average. As last year, Lithuania ranked 14th this year, with a DESI score of 52.7, compared to the EU average of 52.3.

The completion of the procedures for Sweden and Finland's accession to the North Atlantic Treaty Organisation (NATO) will considerably increase security in the entire Baltic region, and will invite existing and potential investors to expand their operations in Lithuania even further. Our country is already ...

Despite emerging geopolitical challenges, the Ministry of Economy and Innovation has been successful in the first half of this year in implementing its strategic objectives and in carrying out the day-to-day tasks that matter to business. In the first half of the year, the ...

The Government opened the way for the Digital Embassy. This will ensure the preservation of key state data in critical and unforeseen circumstances on the territory of Lithuania, including in cases of war or physical destruction of data.