Nausėda: Ukraine, Lithuania should focus on supporting small and medium-sized businesses

Nausėda: Ukraine, Lithuania should focus on supporting small and medium-sized businesses

Ukrinform
Ukraine and Lithuania need to focus on supporting small and medium-sized businesses to improve the plight of economies due to the coronavirus pandemic.

"Ukraine and Lithuania experience a very difficult situation. On the one hand, we have an unprecedented coronavirus pandemic and need to protect our citizens and save their lives. On the other hand, we have an opportunity to emerge from the pandemic stronger than ever. We need to make economies more viable, to raise the welfare of our citizens. Special attention should be paid to small and medium-sized enterprises. The vast majority of jobs and added value is created by small and medium-sized enterprises. It is true both for Ukraine and Lithuania," President of the Republic of Lithuania Gitanas Nausėda said during the All-Ukrainian Forum "Ukraine 30. Small and Medium-Sized Business and the State" on March 18, an Ukrinform correspondent reported.

He added that the economic ties between Ukraine and Lithuania have only expanded in recent years.

"I hope that our bilateral ties will be further strengthened even during this difficult time... We have a good opportunity to strengthen our cooperation in energy, logistics, engineering and other areas," Nausėda added.

In addition, the President of Lithuania stressed that mass vaccination around the world would lead to a way out of the turbulence zone of the world economy.

As reported, President of the Republic of Lithuania Gitanas Nausėda makes a state visit to Ukraine on March 18-19.

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