Visit of an IMF Representative to the Agency for foreign investments and export promotion

MMF

At today’s meeting in the Agency, the director held talks with Rimtautas Bartkus, the representative of the International Monetary Fund (IMF) from Washington, as part of their “Fact-finding mission.”

The main topic of discussion was the current state of foreign direct investment (FDI) attraction and the identification of key future steps to improve this area.

The Agency presented the latest foreign investments announced by the Government, highlighting that a significant number of existing investors have decided to reinvest their profits. The main reasons cited for this were the favorable business climate, highly qualified workforce, excellent geographical position, and government support through tax incentives and financial support for investors in the production sector.

The meeting also addressed the Agency’s current activities and the necessary steps to improve results in attracting new FDI and promoting exports.

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