Vice-Minister Valys opens event on the circular economy in LondonBilateral RelationsNews of the Ministry

On 17 June in London, the Vice-Minister of Foreign Affairs Taurimas Valys opened the event titled "Making Second-Hand First Choice: Scaling Circular Consumption in the UK." The main organiser of which is the Lithuanian second-hand clothing and goods marketplace Vinted, which has been successfully operating in the UK market for over a decade.

On 17 June in London, the Vice-Minister of Foreign Affairs Taurimas Valys opened the event titled "Making Second-Hand First Choice: Scaling Circular Consumption in the UK." The main organiser of which is the Lithuanian second-hand clothing and goods marketplace Vinted, which has been successfully operating in the UK market for over a decade.

Addressing UK policymakers and representatives of the public and non-governmental sectors gathered at the event, the Vice-Minister highlighted Lithuania's commitment to climate neutrality and sustainable economic transformation, from achievements in the field of renewable energy to an efficient deposit system and the rise of start-ups such as Vinted.

"The global success of the Lithuanian unicorn Vinted shows that circular economy solutions can be profitable and competitive on a global scale. It is also a great assessment of the Lithuanian start-up ecosystem, which provides excellent conditions for such innovative companies to grow and thrive," said Valys.

Bythe opening this event at the Lithuanian Embassy, the Vice-Minister has begun a four-day working visit to London. The programme includes meetings with representatives of the Office of the Government of the United Kingdom, the City of London Corporation, and the United Kingdom's main defence association, Lithuanian communities and organisations, and a visit to Lithuanian education institutions.