BAKU, Azerbaijan, October 15. On October 14,
Lithuanian Minister of Foreign Affairs Kęstutis Budrys took part in
the informal meeting of the European Union (EU) Trade Council held
in Horsens, Denmark, Trend reports.
The discussions focused on EU-U.S. trade relations, the
implementation of the foundational trade agreement reached in July,
and measures to strengthen the EU’s economic security and supply
chain resilience.
“The European Union must act not only as a geopolitical, but
also as a geo-economic player — possessing global influence tools
applicable both to international trade rules and to measures that
safeguard the Union from hostile actions. For Lithuania, it is
essential to develop our economic security doctrine to a level
where we can act proactively — not just defend ourselves, but also
shape the environment around us,” said Minister Budrys in remarks
to journalists.
The minister emphasized the need for swift and decisive action
within the EU, warning against delays caused by lengthy
discussions, as they can hinder the bloc’s ability to respond
effectively to global challenges.
Minister Budrys welcomed the European Commission’s efforts to
implement the new trade agreement with the United States, which he
said brings greater clarity and stability for businesses on both
sides of the Atlantic.
“Next, we should aim for an agreement on steel and aluminum,
while also developing a positive agenda for cooperation with the
United States. We must strengthen our transatlantic partnership not
only in defense but also in the economic sphere, creating joint
instruments that enhance our collective economic security,” he
said.
The informal EU Trade Council in Horsens gathered ministers and
senior officials from all EU member states to discuss key trade and
economic security issues, with a focus on maintaining the Union’s
global competitiveness and resilience.