About

The Investment Advisory Council (IAC) was created on 25th of November, 2009 by Resolution No. 1570 adopted by the Government of the Republic of Lithuania.

The key task of the Council is to advise the Government, the Ministries and other state institutions regarding investment policies. The measures proposed by the Council members to improve country's investment climate and to promote FDI will be incorporated into the new Investment Promotion Strategy for 2010- 2020 (hereinafter referred to as "the Strategy") and will form a basis of the Strategy's Action Plan

The Council, established on a voluntary basis, is chaired by the Minister of Economy of the Republic of Lithuania, and includes the top executives of 16 international corporations.

The meetings of the Investment Advisory Council are held twice a year. The first meeting of the IAC was organized on 30th of November, 2009 in Vilnius, aiming to share ideas and to discuss ways to improve the investment environment in Lithuania and to identify the most potential opportunities for FDI.

The sixth Investment Advisory Council meeting was held on 28th of November 2011.