India's growth offers opportunities to diversify economic ties – Lithuanian formin

  • 2024-02-22
  • BNS/TBT Staff

VILNIUS – Lithuanian Foreign Minister Gabrielius Landsbergis, who is in India now, stressed the need to diversify economic ties to strengthen resilience to threats.

On Thursday, he participated in a discussion on sustainable risk reduction and the new North-South partnership, the Foreign Ministry said.

"Freedom is an integral part of Lithuania’s genetic code, but we were among the first ones to understand the harm of addiction in Europe. Above all, we have taken ambitious actions in energetics, which have allowed us to eliminate this dependence. At the same time, we have learned for a long time that we need to diversify our economic relations. India’s economic growth and dynamism offer extraordinary opportunities for this," Landsbergis said.

When discussing Lithuania’s direct experience of China’s economic coercion, Landsbergis stressed the need to strengthen economic resilience.

Lithuania's top diplomat also warned against the increasing activity of authoritarian states and drew attention to their effort to challenge the rules-based international order. Landsbergis stressed the importance of strengthening global security measures and firmly support Ukraine.

This year, the Raisina Dialogue conference gave special attention to the Baltic and Nordic states as the foreign ministers from these countries attended the event, the Foreign Ministry pointed out.

On the sidelines, of the conference, Landsbergis met with Indian Prime Minister Narendra Modi and Foreign Minister Subrahmanjam Jaishankar.

The Lithuanian foreign minister's rhetoric reflects the West's efforts to sway the Global South towards its side, as experts have observed increasing cooperation between authoritarian states in challenging democracies in recent years.

Russia and India have had close ties since the 1950s, and they remain unbroken despite Russia's invasion of Ukraine.