"I believe that your country's embassy in Vilnius would better encourage business structures to invest in Lithuania and Israel," the Foreign Ministry cited the minister as saying.
According to the press release, Ažubalis met with Israel's Vice-Prime Minister and Nuclear Energy Minister Dan Meridor, Vice-Prime Minister and Strategic Affairs Minister Moshe Jalon and Vice-Prime Minister and Defense Minister Ehud Barak in Jerusalem and Tel Aviv.
The Lithuanian diplomacy chief noted that Lithuania and Israel shared special relations, which were due to the shared history of 600 years, adding that Lithuania's culture and history could not be construed without the enormous contribution of the Jewish community.
According to him, it is vital to develop bilateral cooperation in cultural matters and education so that the two nations can discover each other's culture and traditions and develop a dialogue between the two societies.
Ažubalis also stated a joint EU position on the Middle East peace process – an aspiration for peaceful co-existence of two countries, Israel and Palestine. The minister said both parties should resume the negotiations as soon as possible to secure peace and stability in the region.
"Lithuania understands Israel's concern about the Iranian nuclear program and supports the international efforts to guarantee regional peace and stability," reads the press release.
Foreign Minister also met with Palestinian leaders on Monday and stressed the importance of peace talks.
Ažubalis met with Palestinian President Mahmoud Abbasas, Prime Minister Salam Fayyad and Minister of Foreign Affairs Riyad Al-Maliki.
"At this point it is of vital importance to revive trust in the peace process and resume peace talks as soon as possible," Ažubalis said.
The visit is part of the implementation of the memorandum of understanding regarding political consultations, signed by the Lithuanian and Palestinian ministers of foreign affairs in 2010.
Lithuanian-Palestinian bilateral relations, their outlook and directions, as well as the Middle East peace process were discussed during the meetings. Diplomatic relations between Lithuania and Israel were established on January 8, 1992.