Lithuanian govt approves strategy for Indo-Pacific region

  • 2023-07-05
  • BNS/TBT Staff

VILNIUS – Lithuania's government on Wednesday approved the country's Indo-Pacific region strategy in order to strengthen Lithuania's relations with its partners in the East Asia region.

The strategy sets out the key interests of Lithuania's activities in the region and priority areas. The document aims to contribute to enhancing Lithuania's security and economic prosperity in the Indo-Pacific region, the Foreign Ministry said. 

The document notes that the region's strategic importance and influence on global geopolitical and economic processes has increased significantly in recent years, and these changes have a direct impact on Lithuania and the European Union.

The Indo-Pacific region accounts for more than 60 percent of the world's GDP and a third of the world's economic output. It accounts for about half of world trade in goods and half of global maritime trade.