Lithuania’s president announced Thursday he will seek reelection for another five-year term as the leader of the Baltic nation that is a member of the European Union and NATO, Report informs citing AP.

President Gitanas Nauseda announced his intention to run as a candidate in next year’s presidential election at a news conference in the Lithuanian capital, Vilnius. The 59-year-old former economist and banker has served as Lithuania’s head of state since 2019.

He said he was “determined and committed” to continue in the post. The country’s president is elected in a popular vote, with the constitutional limit being two consecutive terms in office.