Taiwan, Lithuania deepen economic ties in meetingBy Crystal Hsu / Staff reporterLithuania reaffirmed via videoconference yesterday evening its intention to open a trade office in Taiwan this spring, while Taiwan reiterated pledges of US$200 million in investment funds and US$1 billion in credit loans, as the two nations work toward deepening their economic cooperation. “Whichever companies from Taiwan and Lithuania are interested in investment projects or joint ventures in Lithuania can apply for the investment funds and credit loans,” Kung said. National Development Council Minister Kung Ming-hsin speaks to reporters in Taipei yesterday. The trade office in Taiwan is under administrative review and should be established soon, along with outposts in other parts of the world, she said. Kung promised to lend a helping hand and said that a trade office in Taiwan would help expand the scope of cooperation.

Source: Taipei Times January 11, 2022 22:01 UTC