VILNIUS, October 20, BNS–Lithuania and Israel could cooperate in the areas of business, science, education, IT and renewable energy, Lithuanian president Dalia Grybauskaitė, currently on an official visit to Israel, says.

Opening the Global Lithuanian Economic Forum, held for the first time in Israel, the Lithuanian president stressed there was no better time to step up such cooperation between the two nations.

“The World Economic Forum has recently acknowledged that our country has moved up the ranks of global competitiveness. Today, Lithuania is the world’s thirty-sixth most competitive economy. Today, we can confidently say that Lithuania is part of the economic avant-garde of the European Union. Despite increased external risks, Lithuania is achieving solid growth. There is no better time to reap the benefits of the excellent Lithuania-Israel relationship. As our economies embrace globalization, we strive to find our unique ways of working together in business and science, information technologies and education institutions, innovations and public spaces,” the Lithuanian president said.

The GLEF is being attended by more than 100 businessmen and politicians from Lithuania and Israel. Lithuania’s economic situation and investment opportunities will be presented during the event.

Supported by the Lithuanian president, the GLEF is being held for the seventh time and is taking place in Israel for the first time. Previously it was held in Chicago, London and Vilnius.

During her visit to Israel, the Lithuanian president is also scheduled to meet the heads of big Israeli companies.

BNS