Ahead of a meeting in Nicosia, Cyprus, Lithuanian Minister Kęstutis Budrys articulated the importance of the European Union preparing a comprehensive economic defense plan. He stated that to effectively defend against potential aggressors from the East or any direction, a focused approach is necessary, likening this need to the strategic defense structures in place within NATO. Budrys underscored the urgency of this initiative amid ongoing external pressures, particularly from China.

The Minister highlighted that maintaining a competitive edge and safeguarding the EU market becomes increasingly vital in the face of external threats. He noted the necessity of diversifying markets to mitigate risks and called for a review of trade protection measures. Budrys argued that these protections should be adaptable and streamlined to respond quickly to changing circumstances, suggesting that a proactive stance is essential for the EU's economic resilience.

Budrys's comments reflect a broader concern within the EU regarding economic vulnerabilities and the need for cohesive strategies among member states to tackle these challenges. By proposing a more effective economic defense plan, the EU could not only bolster its internal markets but also position itself better in the global economic landscape, particularly against assertive powers. This call for action resonates with ongoing discussions about the EU's strategic autonomy and the need for collective action in economic policies.