Vytenis Povilas Andriukaitis, European Commissioner for Health and Food Safety delegated by Lithuania, assured the Government that issues relating to the Russian embargo will be solved on the level of the World Trade Organisation (WTO). […]
The National Paying Agency (NMA) under the Ministry of Agriculture is going to distribute transitional national aid to diary producers on 1-2 December. […]
Moscow’s border restrictions for Lithuanian-registered cars and trucks are a short-lived measure, since a long-term blockade would backfire on Russia, according to Nerijus Mačiulis, the chief economist at Swedbank Lithuania. […]
Agriculture Minister Virginija Baltraitienė will on Monday remind Brussels of Lithuania’s request for approximately 110 million litas (EUR 32m) for the country’s dairy sector to compensate for losses sustained due to Russia’s sanctions. […]
Baltic States and Finnish agricultural organizations submitted a repeated appeal for help to the European Commission, LETA/Public Broadcasting reports. […]
The Ministry of Economy has summarised the accomplishments of Lithuanian institutions in September in an attempt to mitigate the impact of Russia‘s sanctions on businesses. […]
Reports in the Russian media that Moscow is deliberating to lift imports embargo on certain EU-made foodstuffs got Lithuanian producers on ears – could this be a sign of coming change? […]
The European Commission has adopted a new programme for emergency market measures for perishable fruit and vegetables in the wake of the Russian ban on imports of certain EU agricultural products, the EC informs. […]
Members of the Homeland Union-Lithuanian Christian Democrats (TS-LKD) Rimantas Dagys and Kazys Starkevičius have asked the Ministry of Social Security and Labour what actions the ministry undertook over possible mass dismissals of employees. […]
This summer, Russia banned imports of agricultural products from the European Union countries for one year, while various sanctions on Lithuanian dairy and meat products have been applied for a long time already. Ban on Lithuanian foods, excessive customs checks on Lithuanian trucks or other market restrictions are the means of political pressure. […]
Advisor to the SEB Bank president, financial analyst Gitanas Nausėda says that the impact of Russia‘s food product embargo on the Lithuanian economy has been greatly overstated. […]
Analysts at SEB Bankas estimate that Lithuania’s maximum economic losses in case of Russia‘s complete import ban could reach up to 5 percent of the gross domestic product, noting that such losses would be quite painful. […]
Ministry of Agriculture is seeking to increase advance direct payments from 50 to 70 percent, in order to reduce the impact of the Russian embargo on dairy and meat producers. […]
Lithuania will likely feel the most severe effects of Russia‘s ban on food imports from the European Union as the country’s ratio of food exports to Russia to GDP is the highest in the bloc, the European Bank for Reconstruction and Development (EBRD) said. […]
Russia is encouraging consumption of domestically produced goods and is seeking to diversify imports from countries not covered by its import embargo, Lithuania’s ambassador to Moscow said on Wednesday, adding that food product prices in Russia have already increased 5-6 percent and are set to rise even further. […]
Prime Minister Algirdas Butkevičius says that problems faced by entrepreneurs affected by Russia‘s sanctions should be regarded as problems of national significance. […]
According to calculations carried out by the Netherlands-based ING Group, restrictions imposed by Russia on food imports from the European Union may cost the EU USD 6.7 billion (EUR 5.0 billion) per year, RBC Daily reports. […]
Copyright © 2024 | MH Magazine WordPress Theme by MH Themes