Exports

Lithuania’s exports of agricultural and food products to Russia fell by nearly 6 percent in the first half of this year to 2.353 billion litas (EUR 682m), from 2.504 billion litas in the same period last year, data made available by Statistics Lithuania shows.

Lithuanian Minister of Foreign Affairs Linas Linkevičius says that the country's exporters could look for new markets in Asia and Arab countries.

Following the introduction of sanctions on food imports by the Russian Federation, Lithuania's Minister of Agriculture Virginija Baltraitienė has turned to Italian Agriculture, Nutrition and Forestry Minister Maurizio Martina, who holds the rotating presidency of the EU Agriculture and Fisheries Cou...

Belarus and Kazakhstan, members of the Moscow-dominated Customs Union, accept Lithuanian food products and are not stopping cargo at the border.

On Monday, Remigijus Motuzas, First Deputy Chancellor of the Government, and Evaldas Gustas, Minister of Economy who is standing in for the prime minister, will hold consultations with representatives of concerned institutions on restrictions to import raw materials, agricultural and food products i...

After Russia banned food imports from the EU, trucks with cargo which had left for Moscow before the ban were told to return to Lithuania. This was reported on Saturday by Lithuanian road carriers association Linava.

Two trucks carrying food products have been stopped at Lithuania's border with the Russian exclave of Kaliningrad after Moscow imposed an embargo on agricultural and food products from the EU, the Lithuanian Customs Department said on Friday.

Lithuania's Ministry of Foreign Affairs on Friday held an inter-institutional meeting of ministerial representatives and representatives of business associations to discuss new export markets after Russia imposed import bans.

Several Lithuanian trucks are stuck at the Lithuanian-Belarusian border and the Latvian-Estonian border amid Russia's ban on the import of food products from the EU, the director of the Lithuanian State Food and Veterinary Service has informed on Friday.

At Friday's meeting with Minister of Economy and acting Prime Minister Evaldas Gustas and Minister of Agriculture Virginija Baltraitienė, President Dalia Grybauskaitė noted that Russia had become a completely unreliable and unpredictable business partner.

The growth of the Lithuanian gross domestic product (GDP) may slow down by 0.2 percent in the wake of the Russian sanctions, Lithuania's Economy Minister Evaldas Gustas said after meeting with President Dalia Grybauskaitė on Friday.

The European Union (EU) is considering to address the World Trade Organization (WTO) over the Russia's restrictions on imports of agricultural and food products, EU Ambassador to Russia Vygaudas Ušackas said on Thursday.

Latvian fish canneries and dairy companies are likely to suffer most due to Russia's import ban, the head of the Centre for Promotion of Agricultural Markets, informs LETA.

The effect of Russia's restrictions on imports of agricultural produce and food products on Lithuania's economy will be small but the country will look for ways to help the business sector, Lithuania's President Dalia Grybauskaitė says.

Lithuanian Agriculture Minister Virginija Baltraitienė says that the country's milk and meat producers would be the most affected by Russia's ban on importing agricultural products from countries that imposed sanctions on Moscow.

Gitanas Nausėda, advisor to the president of SEB Bank, claims that a slowdown in the Russian economy, triggered by various EU and US sanctions, will affect Lithuanian exports which are retail-oriented.

The Lithuanian government will require that all cargo handlers provide preliminary information about cargo carried by rail to the territory of the Customs Union, the Customs Department said.

The European Union has been granted a panel at the World Trade Organization (WTO) to address complaints Russia's ban on EU pork imports.

Russia admits that Lithuania is the most proactive in the European Union (EU) in fight against African swine fever (ASF). However, Moscow still does not mention any possibility to resume imports of pork from Lithuania.