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Economy

Lithuanian carriers’ association suggests another explanation over problems at Russian border

Julius Misiūnas, deputy president of the Lithuanian National Road Carriers’ Association Linava, says that Russia is applying stricter inspection rules to Lithuanian trucks at the border because Russia had refused to participate in the TIR system activities and so no longer has means to ensure transparent transportation of goods into the country. […]

Economy

Russia’s customs measures could shave off up to 4 percent of Lithuania’s GDP

Lithuania’s gross domestic product could fall by four percent if all exports to Russia came to a halt and some of logistic companies went bankrupt, Prime Minister Algirdas Butkevičius said on Thursday, adding that the likelihood of the worst-case scenario is low. […]

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Foreign affairs

Lithuania to turn to EU Commission over Russia’s border restrictions

Lithuania intends to turn to the European Commission over Russia‘s measures restricting the movement of Lithuanian vehicles at the border, Prime Minister Algirdas Butkevičius said on Wednesday. […]

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European Union

Lithuania wants faster completion of TTIP negotiations between EU and US

On Tuesday, 25 November, at a conference The Transatlantic Trade and Investment Partnership: a Strategic Opportunity, held in Vilnius, Lithuania, Chancellor of the Government Alminas Mačiulis stressed that it was very important to speed up implementation of decisions to conclude negotiations on the Transatlantic Trade and Investment Partnership (TTIP) between the European Union (EU) and the United States of America (US) as soon as possible, the prime minister’s press service informs. […]