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《TAIPEI TIMES》 Lithuania opens local trade office as its China ties sour

Taiwanese and Lithuanian flags stand behind Lithuanian products at the Taipei International Food Show in Taipei on June 22.
Photo: Ann Wang, Reuters

Taiwanese and Lithuanian flags stand behind Lithuanian products at the Taipei International Food Show in Taipei on June 22. Photo: Ann Wang, Reuters

2022/11/08 03:00

/ Bloomberg

Lithuania yesterday opened a trade office in Taiwan, potentially escalating tensions with China that have been simmering since the EU member state drew a stiff rebuke from Beijing.

The trade office’s opening comes a year after the government in Taipei opened an office in Lithuania’s capital, Vilnius. China responded by downgrading diplomatic relations with the Baltic state over the office’s explicit use of the name Taiwan.

The new Lithuanian trade office carries the name Taipei, which might avoid a harsher reaction from Beijing.

“Today we can rejoice over the first achievements of Lithuanian cooperation with Taiwan,” Lithuanian Minister of the Economy and Innovation Ausrine Armonaite said in a statement. “I have no doubt that our work with this promising market will intensify further after the opening of the Lithuanian trade office in Taipei.”

The dispute between China and Lithuania, a Baltic nation of 2.8 million, has helped roil relations between the world’s most populous nation and the EU as a whole.

After Taiwan’s trade office opened, China withdrew its ambassador and faced accusations of halting the clearance of Lithuanian goods in its ports. The standoff prompted the EU to raise the issue of trade hurdles with the WTO.

Lithuanian President Gitanas Nauseda last month said China’s punitive action and its backing of Russia’s invasion of Ukraine showed that Beijing is the EU’s “systemic rival.”

Meanwhile, British Minister of State for Trade Policy Greg Hands held talks with Taiwanese officials in Taipei to “future-proof” Britain’s economy in the coming decades, as British Prime Minister Rishi Sunak’s administration looks to take a tougher stance on China.

After exports to China effectively stalled, Lithuania compensated for its losses by increasing its sales to 10 other markets in the Indo-Pacific region by 60 percent in the first eight months of the year, the Lithuanian Ministry of Economy said.

Taiwan yesterday also announced its first 3.5 million euro (US$3.49 million) investment in Lithuania’s ultra-fast laser technology producer Litilit.

Two more investments in Lithuania are to be announced later this year or by early next year to bring the total to 10 million euros, officials in Taipei said.

The Litilit investment was the first made by Taiwan’s US$200 million Central and Eastern Europe Investment fund, set up after Lithuania allowed Taiwan to open a de facto embassy on its soil last year.

The fund focuses on Lithuania, Slovakia and the Czech Republic.

Additional reporting by Reuters

新聞來源:TAIPEI TIMES

Ministry of Foreign Affairs Department of European Affairs Director Vincent Yao, left, and Paulius Lukauskas, head of the Lithuanian Trade Representative Office, pose for a photograph in Taipei yesterday.
Photo courtesy of the Ministry of Foreign Affairs

Ministry of Foreign Affairs Department of European Affairs Director Vincent Yao, left, and Paulius Lukauskas, head of the Lithuanian Trade Representative Office, pose for a photograph in Taipei yesterday. Photo courtesy of the Ministry of Foreign Affairs

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