BACC Member Michael J. Breen Presents to Vilnius Chamber of Commerce on U.S. Opportunities for Lithuanian Businesses

Today, January 8th, 2025, the Baltic American Chamber of Commerce (BACC) was proud to support our esteemed member, Michael J. Breen, Honorary Consul of the Republic of Lithuania in Florida, in delivering a presentation for the members of the Vilnius Chamber of Commerce, Industry and Crafts (CCI).

The event, hosted by the CCI in Vilnius, Lithuania, focused on “New U.S. Administration – Impacts and Opportunities for Lithuanian Businesses.” Michael was introduced by Ms. Audrone Masandukaite, Head of the Foreign Relations Department at the Vilnius Chamber. Mr. Breen shared valuable insights into the evolving economic landscape in the U.S. under the new administration, with a particular emphasis on how Lithuanian businesses can navigate the challenges and capitalize on emerging opportunities.

Key topics discussed during the presentation included:

  • Anticipated Economic Conditions: What changes can Baltic region businesses expect under the new U.S. administration?

  • Strategies to Mitigate Tariff Risks: Effective approaches to minimize the impact of high tariffs when selling to the U.S. market.

  • Opportunities in the U.S. Defense Industry: Growing potential for U.S.-Baltic cooperation and ways Lithuanian businesses can tap into this sector.

  • Understanding Market Dynamics & Trade Agreements: Insights on leveraging trade agreements to build successful and sustainable business relationships.

Twenty people attended the presentation, including Mr. Viktor Sidabras, a Board member of BACC. This gesture demonstrates the strong support our organization's members show for one another.

This event highlights the strong, ongoing partnership between BACC and the Vilnius Chamber of Commerce, and we are excited about the continued collaboration that will benefit both Lithuanian and U.S. businesses alike.

We look forward to further strengthening our relationship with CCI and supporting the growth of Baltic-American business ties in the future.

BACC New York