International Internet Magazine. Baltic States news & analytics
Sunday, 02.08.2015, 11:17
The conditions for exports of Lithuanian-made information technology (IT) products should improve after 54 member states of the World Trade Organisation (WTO) reached an agreement on expansion of the Information Technology Agreement (ITA) on 24 July 2015, reports BC Lithuania's Ministry of Foreign Affairs.
Keyword tags: Good for Business, Legislation, Lithuania, Technology, USA
Main present “measurement key” in the national economy is GDP, i.e. size of gross domestic product. However, generally the states’ progress are measured by the governments’ expenditures, which among EU-28 states are about half of the GDP. Recent Eurostat’s account proves that. In order to get a closer look at the issue, we provide examples from the United States’ government expenditure.
In the United States' 2015 Trafficking in Persons Report, Latvia was placed in Tier 2, which is the same ranking as last year, LETA learned from the U.S. Embassy in Riga. Estonia and Lithuania are also in this category.
U.S. Manhattan Federal Court sentenced three men with Estonian roots to jail in the so-called "ghost click" criminal case and sentenced them to pay a total of 4.5 million dollars, LETA/Public Broadcasting reports.
The United States European Command (USEUCOM), in partnership with the U.S. Embassy Riga and the Daugavpils Regional Council, have completed renovation at the Naujene Orphanage, LETA was informed by the embassy's press and culture department.
During her recent visit to the United States, Economy Minister Dana Reizniece-Ozola (Greens/Farmers) had several high-level meeting with U.S. officials, during which she received strong confirmations of support in opening Latvia's gas-market and strengthening energy independence, the Economy Ministry informs LETA.
The joint-stock egg and egg products producer Balticovo has started exporting eggs to the United States, penetrating this market following the recent bird flu outbreak in the country. Exports to U.S. will make up no more than 20% of the total produce, the company's CEO Andris Platais informed LETA.