International Internet Magazine. Baltic States news & analytics
Sunday, 01.02.2015, 15:13
Based on preliminary data of Statistics Lithuania, in 2014 export accounted for EUR 24.4 billion while import for EUR 26.5 billion. Compared with 2013, export decreased by 0.8% while import increased by 1%. Foreign trade deficit was EUR 2.1 billion, reports LETA/ELTA.
Keyword tags: Analytics, Baltic Export, Baltic States – CIS, EU – Baltic States, Foreign trade , Lithuania
Latvia wishes to develop closer cooperation in Finland in the field of education by developing cooperation in all areas of education and experience of technology transfer, President Andris Berzins said during a meeting with Finnish Prime Minister Alexander Stubb, cites LETA.
In 2014, Latvia was a leader in Europe's foreign policy performance five times, which is two times more than in 2013, according to a study titled "The European Foreign Policy Scorecard 2015" conducted by the European Council on Foreign Relations (ECFR), informs LETA.
On Thursday, January 29th 2015, Lithuanian Chancellor of the Government Alminas Maciulis met with the Minister of Finance of Turkmenistan Mukhammetguly Mukhamedov to discuss the bilateral cooperation in trade, agriculture, education and science, health care, as well as partnership opportunities in transport and energy sectors, reported BC the Government's press service.
Russia is not threatening the security of Latvia, Russian Ambassador to Latvia Alexander Veshnyakov said during his meeting yesterday with Defense Minister Raimonds Vejonis (Greens/Farmers), cites LETA/ELTA.
In January-December 2014, the overall cargo handling in the Baltic Eastern Coast Seaports totalled 122 216 490.8368 161,5 thou. tn; the year-on-year change is +3,6% or +8 12 681,6 thou. tn, reports BC Klaipeda port’s press service.
The economy of Latvia is cooling, therefore specific measures need to be implemented in order to "warm it up", the Bank of Latvia President Ilmars Rimsevics said in an interview with the LNT show "900 sekundes" this morning, informs LETA.
The Parliamentary Assembly of the Council of Europe (PACE) has extended sanctions against Russia until a plenary session in April 2015. The sanctions include suspension of voting rights, participation in standing committees and monitoring of elections as part of PACE delegations, reports LETA/ELTA.
On 28 January, Lithuania's Deputy Minister of National Defence Marijus Velicka and Lieutenant General Leonid Holopatiuk, deputy defence minister of Ukraine, signed the Bilateral Cooperation Plan 2015 of Lithuania and Ukraine during Velicka's visit in Kiev, Lithuania's ministry reported LETA/ELTA.
Lithuanian President Dalia Grybauskaite has attended the awards ceremony for winners of the contest Heroes Among Us, held at the Presidential Palace, reports LETA/ELTA.
The number of Russian tourists visiting Latvia last year reduced by 6% when compared to 2013, reports LETA, according to statistics from the Economy Ministry and the Latvian Tourism Development Agency (TAVA).
Due to a deterioration of the situation in Ukraine, both Latvian President Andris Berzins and Finnish President Sauli Niinisto expressed support today towards strengthening sanctions against Russia, reports LETA.
European Union leaders have tasked their foreign ministers to consider tough new sanctions against Russia when they meet Thursday in response to a bloody upsurge in fighting blamed on Moscow, reports LETA/AFP.
On 26 January, at Lithuania's request, the United Nations Security Council discussed the deadly shelling of Mariupol on January 23, when 30 people were killed and 90 wounded, reported BC Lithuania's Ministry of Foreign Affairs.
Continuing geopolitical tensions in the East will continue to affect Lithuania's economy in 2015, says Nerijus Maciulis, Chief Economist of bank Swedbank. According to him, Lithuania's export to Russia will fall by at least 10%. Therefore, Lithuania's Gross Domestic Product (GDP) will grow less than projected earlier, 2.3%, reports LETA/ELTA.