Ways Are Sought to Defend Lithuania’s Business Interests Better

Published: 3 May 2009 y., Sunday

Vygaudas Ušackas
On 30 April, Lithuania’s Minister of Foreign Affairs Vygaudas Ušackas took part in the round table discussion “The European Union’s External Trade Policy and Lithuania’s Positions: Threats and Possibilities for the Lithuanian Industry”. The he Minister and heads of the largest Lithuanian exporters discussed the possibilities for Lithuania to influence the external trade policy of the EU.

Minister V.Ušackas presented the programme provisions of the Lithuanian Government, the process of shaping the trade policy and its distinguishing features. 

“The Lithuanian economy is one of the world’s most open economies. The proportion of foreign trade turnover and GDP (116 %) shows that foreign trade is very important for the economy of Lithuania. Therefore, Lithuania should remain an advocate of liberal market and free trade,” said Minister V.Ušackas.

Minister V.Ušackas stressed that while seeking to defend the country’s business interests and to benefit from all the possibilities of the EU membership, it was necessary to open the markets of third countries for the exporters of Lithuanian goods and services, to guarantee that the partners would respect their commitments and to seek that trade would really be free.

“We cannot tolerate the state intervention in the economy – subsidies and determination of price for energy resources that are based on discrimination principles. We cannot be appeased with breaches of the law of intellectual property and unfounded non-tariff barriers,” the Minister stressed.

Representatives of the exporters favourably assessed the guidelines of the trade policy that the Minister presented and agreed to organise similar meetings at least once every half year.

Šaltinis: Ministry of Foreign Affairs
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

EBRD makes equity investment in Croatian geodetic company

The EBRD is making a €4 million equity investment in Geofoto, a Croatian geodetic company offering mapping, geodetic survey, photogrammetry, geoinformatics and aerial survey services, to support its drive to expand operations on international level. more »

Strong year - risk-adjusted profit up 22%

Nordea came out of 2009 in an even stronger position, despite one of the most challenging years for decades. Risk-adjusted profit increased 22% and our capital position and cost of funding are among the best in Europe. more »

Small business start-ups by the unemployed: deal agreed on funding

MEPs gave the green light on Thursday for EU funding to help Europe's unemployed start up small businesses. more »

Yemen: international efforts needed to prevent crisis escalation

MEPs are deeply concerned about the long-standing and growing presence of al-Qaeda, and the deteriorating security, social and economic problems in Yemen, which they think could destabilise neighbouring countries. more »

Africa: Fighting the Global Economic Crisis through Private Enterprise, Innovation and Integration

At the start of a new decade, Sub Saharan Africa is reeling from the effects of three major global crises – food, fuel and financial – that have reversed many of the economic achievements of the last 10 years and left some growth projections at levels below those of 30 years ago. more »

5th High-level Seminar of Central Banks in the East Asia-Pacific Region and the Euro Area

The 5th High-level Seminar of Central Banks in the East Asia-Pacific Region and the Euro Area was jointly organised by the European Central Bank and the Reserve Bank of Australia, in cooperation with the Hong Kong Monetary Authority. more »

EBRD and EFSE support micro and small businesses in Moldova

The EBRD and European Fund for Southeast Europe are boosting the availability of financing to private businesses in Moldova with a $10 million loan to ProCredit Bank in Moldova for on-lending to micro and small enterprises. more »

EBRD finances new shopping centre in Croatia

The EBRD is supporting the development of the retail infrastructure in Croatia with a €68 million loan to finance the construction of a modern shopping centre in Split, the second largest city in Croatia. more »

EBRD agrees to sell 15 percent stake in Swedbank’s Russian banking arm

The European Bank for Reconstruction and Development has agreed to sell its 15 percent stake in OAO Swedbank Russia to its parent and major stakeholder, Sweden’s Swedbank AB, a move which would give it full ownership of its Russian subsidiary. more »

Ministers of Industry agree that the European Commission should promote a common strategy on electric cars

The Ministers of Industry took the first steps in San Sebastián today to make the electric vehicle a reality in Europe and agreed that European institutions, with the EC at the head, should lead a common strategy on electric vehicles. more »