Ministry of Economy (Lithuania)

Ministry of Economy of the Republic of Lithuania

Lietuvos Respublikos ūkio ministerija
Ministry overview
Formed	November 11, 1918 (1918-11-11)
Headquarters	Vilnius, Lithuania
Minister responsible	Evaldas Gustas
Website	www.ukmin.lt/web/en

The Ministry of Economy of the Republic of Lithuania (Lithuanian: Lietuvos Respublikos ūkio ministerija) is a government department of the Republic of Lithuania. Its operations are authorized by the Constitution of the Republic of Lithuania, decrees issued by the president and prime minister, and laws passed by the Seimas (Parliament). Its mission is to develop positive legal and economic environment for economic development and ensure public welfare and employment.

The Ministry of Economy is responsible for handling government business in the following areas: business environment, export, innovation, state-owned enterprises (SOEs), EU support to business, public procurement and tourism.

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