EU – Baltic States, Forum, Investments, Lithuania, Markets and Companies

"There are still a lot of regulation issues and other discrepancies in EU member-states' laws, qualification certification frameworks and different cultures overall. Due to these contradictions businesses face difficulties while operating or expanding operations in other EU member-states. Most of the difficulties arise due to informal barriers such as cultural differences, language and the lack of universal qualification framework for technical workers," said Jomas Talsnes Heggdal from the Federation of Norwegian Construction Industries.

"In order to create a well-functioning single market for services, the e-commerce industry cannot be disregarded and not accounted for. Laws on online sales are far from universal throughout the EU and can even differ radically between two member-states. It is essential to ensure equal conditions for e-commerce in the EU, set audit procedures in motion if we are seeking that e-commerce in EU would be transparent, fair and competitive," said Stefan Kvarfordt from the Swedish Trade Federation.

Recommendations on further Single Market development will be provided to the European Government alongside with the action plans to ensure the before-mentioned development to be implemented smoothly and efficiently, Investors' Forum said in a report.