Minister Lipavský: Czech economy must move from assembly to design

Photo: Hanna McKay, ČTK/AP

Over 150 Czech economic diplomats based the world over met in Prague this week for consultations on how to further the country’s economic interests. Addressing the gathering, Foreign Minister Jan Lipavský stressed the need to transform the Czech economy from assembly to design, seek new markets outside the EU and build a solid Czech brand.

With its export-driven economy, competitiveness and export opportunities are key to Czechia’s future prosperity making economic diplomacy an important part of the foreign ministry’s agenda. Regular consultations take place at Czernín palace to further the country’s economic interests in a fast changing world. Addressing the gathering on Monday, Foreign Minister Jan Lipavskýy said it was essential for Czechia to respond to the changes taking place –be it the impact of the Green Deal on Czechia’s car industry or the need to cut the country’s dependence on Russian energy.

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Author: Daniela Lazarová