Lithuania and Azerbaijan have huge untapped opportunities for economic cooperation, Adviser to the Lithuanian President Vaidas Augustinavičius said in an interview with Report.
“Lithuania sees Azerbaijan as a growing economic power with a huge energy potential and aspirations to diversify. Various sectors of Azerbaijan’s economy, such as information technologies, logistics, manufacturing, advanced food industries, and renewable energy, attract Lithuanian entrepreneurs,” he noted.
Lithuania’s open and export-oriented economy currently is one of the 15 most diversified economies in the world, he said.
“For those willing to tap our economic potential, Lithuania has seven free economic zones with generous tax incentives. Our digital infrastructure is fast and affordable, among the best ranked in the European Union.”
Full interview is available here