ALBC led its third annual business mission to Vilnius on July 8 and 9. A delegation of 7 companies, the largest ALBC has brought to date, met with top members of the Lithuanian government and with President Dalia Grybauskaitė.
Company representatives stressed the importance of a flexible labor code and immigration system to ensuring Lithuania’s attractiveness to foreign investment. The meetings also provided U.S. companies a chance to introduce new economic opportunities to Lithuanian officials.
Kurt Tong, Principal Deputy Assistant Secretary of State in the Bureau of Economic and Business Affairs, met with ALBC and two other bilateral business councils to learn about American business priorities in Central Europe. Companies briefed Mr. Tong on the importance of their investments in Lithuania and the impact of regional geopolitical developments.
ALBC President Eric Stewart advocated for company expansion back into Lithuania to a group of young Lithuanian-American professionals in New York. The “Connect for Lithuania” event was organized by Global Lithuanian Leaders, Enterprise Lithuania, and New York Lithuanian Professionals Group. The CEO of ALBC Board Member Strategic Staffing Solutions, Cynthia Pasky, presented on investing through the Lithuanian diaspora network.