Lithuanian laser companies export their products to more than 100 countries, and the country's manufacturers occupy significant positions in the global laser market. More than 10 major companies in the sector are travelling to South Korea, including Light Conversion, Ekspla, Altechna, QS Lasers, FTMC and others.
During the visit, meetings will be held with Korean technology corporations, Lithuanian laser solutions will be presented, and the possibilities for pilot projects and long-term cooperation will be discussed.
An official meeting with South Korean Minister of Trade, Industry and Energy Dukgeun Ahn is also planned.
"The Republic of Korea is a very interesting market, especially for Lithuanian exporters of high added value and laser companies. Political attention and joint visits help to open certain necessary doors. We also seek to strengthen relations with Korean investors and invite them to invest in Lithuania," said Minister of the Economy and Innovation Lukas Savickas.
According to the minister, both Lithuania and Korea have already proven that strategic national goals can be achieved through technology. A good example of cooperation is the Lithuanian liquefied natural gas terminal ship Independence, which was built in Korea.
The visit to Korea is part of the START programme launched by the ministry, which aims to promote the creation of high value-added products and export growth.
According to L. Savickas, the world is undergoing a redistribution of economic centres, and Lithuania has a real opportunity to occupy niches where technological competence plays a decisive role.
