The distribution of the third issue Government savings notes (GSN) ended on Monday, where residents purchased GSN for EUR 27.5 million and 2,114 transactions were made. Residents will be paid 3.8 per cent of annual interest on this new one-year GSN issue.

On Thursday, Minister of the Economy and Innovation Aušrinė Armonaitė will meet with Levente Juhasz, Head of Policy for Lithuania at Google. The meeting will discuss artificial intelligence, security, innovation in the public sector (GovTech) and an introduction to the soon-to-be-launched digital marketing and analytics programme in Lithuania.

Today, Rail Baltica joint venture of the Baltic States, RB Rail AS, announced the signing of an additional cross-border Grant Agreement for Connecting Europe Facility (CEF) funding, which amounted to 928 million euros CEF support. This substantial funding, combined with national co-financing from the three Baltic States, will exceed 1.1 billion euros, enabling necessary activities for further high-speed infrastructure development. With the funding available from the newly signed financing agreements and from previous calls, the Rail Baltica global project has secured financing for the construction activities covering approximately the first 130 km of the Rail Baltica mainline.

The EU is creating a Strategic Technologies for Europe Platform (STEP) to support key technologies and strengthen European sovereignty.

At the invitation of Minister of the Economy and Innovation Aušrinė Armonaitė, Kwak Noh Jung, CEO of SK Hynix, one of the world's leading semiconductor companies, is visiting Lithuania to discuss cooperation and investment opportunities. In July, during her visit to South Korea, the Minister introduced the Lithuanian laser sector to SK Hynix representatives.

In accordance with the recommendations of the Organisation for Economic Co-operation and Development, the Bank of Lithuania has published the annual data on foreign direct investment (FDI) by the ultimate investing country for 2022.

The distribution of the second issue Government savings notes (GSN) ended on Monday, where residents purchased GSN for EUR 44.2 million and 3,014 transactions were made. Residents will be paid 3.8 per cent of annual interest on this new one-year GSN issue.

Aušrinė Armonaitė, Minister of the Economy and Innovation, presented Lithuania's business environment and investment opportunities to the Japanese business community. At the Lithuanian Innovation and Investment Event, attended by representatives of about 70 Japanese companies, the Minister invited innovative Japanese businesses to cooperate more actively with Lithuanian companies in the fields of engineering, information technology and other areas.

The Government has approved a proposal by the Ministry of the Economy and Innovation to establish new criteria for large projects and to apply corporate tax relief and other special conditions for investment and business.

The Minister of the Economy and Innovation Aušrinė Armonaitė met in Tokyo with Hitoshio Ito, Vice President of Hitachi Japan, and Yoshihisa Tanaka, Head of International Relations of Panasonic, to discuss their investment plans and opportunities for expansion in Europe.