Taiwan to establish Lithuania-related US$1 billion credit loan program

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  1. This is the best tl;dr I could make, [original](https://focustaiwan.tw/politics/202201110023) reduced by 76%. (I’m a bot)
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    > The credit fund is separate from a US$200 million fund Taiwan previously promised to use to prioritize investment in Lithuania before expanding it to include other central and eastern European countries, Kung Ming-hsin, chief of Taiwan's National Development Council, told a virtual press event.

    > Kung said the credit loan fund, once launched, will be available to any project that benefits the development of Taiwan and Lithuania relations, including joint venture companies.

    > In addition to Taiwan's promises relating to the US$1 billion credit loan fund and US$200 million investment fund, Armonaite said Taiwan's world-leading semiconductor experts will soon meet with their Lithuanian counterparts to look for joint cooperation opportunities.

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