Trade

Prime Minister Algirdas Butkevičius says that active search for new export markets for agricultural and food products continues.

Belarus will not join Russia’s sanctions against the European Union (EU) and wants to step up trade in milk and beef with Lithuania, says Agriculture Minister Virginija Baltraitienė.

When Russia imposed import bans in the past, traders successfully diversified their sales, shows the analysis carried out by the State Tax Inspectorate (VMI).

Amid Russia's boycott of Lithuanian food products, Serbia and Lebanon have opened up their markets, the Lithuanian Agriculture Ministry said on Monday.

Statistics Lithuania informs that, based on provisional data, in June 2014, the turnover (VAT excluded) of retail trade enterprises amounted to LTL 2508.7 million (EUR 726.6 million); against May, it decreased 3 percent at constant prices (seasonally adjusted - decreased 0.4 percent).