TAIPEI (Taiwan News) — Huang Chun-yao (黃鈞耀), director-general of the foreign ministry’s Department of European Affairs, said Tuesday that Taiwan has received a proposal from Lithuania to deepen cooperation.

Responding to concerns that Taiwan’s investments in Lithuania have fallen short of expectations, Huang said Taiwan has in recent years invested in the country through mechanisms such as the Central and Eastern Europe Investment Fund and the Central and Eastern Europe Credit Fund. These investments focused on fintech, biotechnology, medical care, and lasers, exceeding NT$618.9 million (US$19.4 million).

Lithuania’s top foreign policy adviser, Asta Skaisgiryte, said last week that if Taiwan accepted its proposed cooperation plan, “we believe we could host much more from the Taiwanese than we do now.”

Huang added that Taiwan has also provided loans to support companies operating in Lithuania through eight projects totaling NT$773.62 million.

In 2025, Taiwan imported about NT$1.9 billion worth of goods from Lithuania, a 63.47% increase from 2024, Huang said. Meanwhile, Taiwan’s exports to Lithuania reached NT$3.35 billion, up 13.6% year-on-year. Efforts to promote bilateral investment and trade are steadily yielding results, he said.

Huang said Taiwan and Lithuania have continued to strengthen cooperation in democratic resilience since setting up representative offices. This includes collaboration in lasers, semiconductors, and finance. The ministry is carefully studying concrete plans for future collaboration and will engage in further consultations with Lithuania, he said.