On 21 November 2024, Lithuanian and Taiwanese business representatives signed a memorandum of understanding to collaborate on drone technology development. The cooperation aims to strengthen both Lithuanian and Taiwanese industries by developing drone-related technologies and expanding export potential. Lithuanian Deputy Defence Minister Mantas Kucka emphasized the importance of this cooperation to bolster security and address challenges faced by Lithuania and Taiwan. Taiwanese parliament member Alex Ting highlighted the intent to enhance cross-border collaboration, including opening Taiwan's market to Lithuanian drone producers. Jonas Steikūnas, CEO of Lithuania's unmanned defense tech company UMD Defence Systems, noted that Taiwan is a supplier of components and potential export market. The joint efforts will focus on protecting against aggression and improving technology in real combat conditions. The collaboration was part of a forum organized by Invest Lithuania and Ustream, including 32 companies from Lithuania, 20 from Taiwan, and 8 from Ukraine.

On 21 November 2024, Lithuanian and Taiwanese business representatives signed a memorandum of understanding to collaborate on drone technology development. The cooperation aims to strengthen both Lithuanian and Taiwanese industries by developing drone-related technologies and expanding export potential. Lithuanian Deputy Defence Minister Mantas Kucka emphasized the importance of this cooperation to bolster security and address challenges faced by Lithuania and Taiwan. Taiwanese parliament member Alex Ting highlighted the intent to enhance cross-border collaboration, including opening Taiwan's market to Lithuanian drone producers. Jonas Steikūnas, CEO of Lithuania's unmanned defense tech company UMD Defence Systems, noted that Taiwan is a supplier of components and potential export market. The joint efforts will focus on protecting against aggression and improving technology in real combat conditions. The collaboration was part of a forum organized by Invest Lithuania and Ustream, including 32 companies from Lithuania, 20 from Taiwan, and 8 from Ukraine.