Lithuania’s Parliamentary Speaker Loreta Graužinienė says that sanctions taken against Russia in the wake of its incursions into Ukraine have not yielded any results and it is therefore vital to search for other diplomatic ways of influencing the situation. […]
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. […]
Daniel Fried, coordinator for sanctions policy at the US State Department, says that it will take time before the sanctions imposed on Russia by the United States and the European Union begin showing tangible results, but they undoubtedly will. […]
MP Kazys Starkevičius of the Homeland Union-Lithuanian Christian Democrats (TS-LKD), shadow agriculture minister, says that the action plan for 2014-2015, prepared by the Ministry of Economy and approved by the Government, which seeks to reduce losses of Lithuanian companies due to Russian trade sanctions, provides little hope for farmers, processors and carriers. […]
When Russia imposed import bans in the past, traders successfully diversified their sales, shows the analysis carried out by the State Tax Inspectorate (VMI). […]
The European Commission will cover losses incurred by Lithuanian agricultural producers because they cannot sell perishable products due to Russia‘s ban on fruit and vegetable imports. […]
There’s a basis for the European Union‘s sanctions against Russia and the EU is united on the issue, Lithuanian Minister of Foreign Affairs Linas Linkevčius says. […]
Lithuanian Prime Minister Algirdas Butkevičius said on Wednesday that VAT rates on agricultural products will not be reduced. […]
Residents of Lithuania’s southwestern District of Jurbarkas near the Russian region of Kaliningrad will benefit from an increase in Russian shoppers, Lithuanian President Dalia Grybauskaitė has said in an interview with a local newspaper. […]
Estonian President Toomas Hendrik Ilves says Switzerland, which refrained from joining most of the rest of Europe in applying punitive sanctions against Russia, has placed its own interests and banking sector ahead of European values. […]
With Russia having closed its market to most European food products, the first month will be the most difficult for Lithuanian producers, the director of the Lithuanian State Food and Veterinary Service said on Monday. […]
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