President Gitanas Nausėda of Lithuania is set to participate in an informal European Union (EU) summit in Belgium, where leaders from EU member states will prioritize discussions about improving the bloc's competitiveness. This meeting will specifically address measures to remove obstacles that hinder the growth of the Union's competitive edge. The discussions come at a critical time as the EU seeks to navigate challenges posed by the global economic landscape.

Additionally, the agenda includes dialogue on strengthening the EU's economy in the current geoeconomic environment, with a focus on enhancing the resilience of the single market. The leaders aim to reinforce collective strategies and foster collaboration amongst member states to ensure that the EU can remain competitive on the world stage. This informal summit follows a previous EU leaders' meeting held at the beginning of 2023, which was prompted by geopolitical developments, including remarks from US President Donald Trump regarding Greenland.

The outcomes of this meeting could have significant implications for the EU's strategic positioning and economic policy moving forward. As member states come together to address pressing economic challenges, the cooperative efforts discussed could lead to more unified action in the future, ensuring that the EU not only recovers from current economic pressures but also positions itself favorably in a rapidly changing global economy.