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POLITICS

UAE minister in Lithuania calls for intensified trade

Sheikh Abdullah bin Zayed Al Nahyan, the Minister of Foreign Affairs and International Cooperation of the United Arab Emirates, said in Lithuania on July 11th that the countries should make efforts to step up mutual trade. More

 

Prime Minister: German-Lithuanian relations are as good as never before

Prime Minister Saulius Skvernelis met with Norbert Lammert, President of the Bundestag of the Federal Republic of Germany, to discuss possibilities for further Lithuania-Germany bilateral cooperation, regional security and other relevant issues on the EU agenda. More

  

Seimas outlawed discrimination on grounds of nationality

The objective of the amendments is to implement a European directive which aims to ensure that European Union citizens exercising their rights of free movement of workers and their family members are not discriminated against on grounds of nationality. This directive also applies to nationals of the Member States of the European Economic Area and members of their families. In compliance with the directive, the citizens of the Member States of the European Union and the European Economic Area and their family members should have the same conditions with regard to access to social and tax advantages as the nationals of Lithuania. More

   

 

ECONOMY

Klaipeda port's cargo traffic hits new record high in H1

Cargo traffic at the Lithuanian seaport of Klaipeda rose by 2.9% in the first half of 2017 from a year ago to 20.6 million tons, with loadings in June alone up by 1.4% year-on-year to 3.365 million tons, the port authority. More

 

Financial incentive for the opportunity to fly to new destinations

In order to further expand the geography of flights from Lithuania, for the fifth time Lithuanian Airports is inviting airlines to fly passengers from Vilnius, Kaunas and Palanga airports to new destinations considered to be of particular importance for the growth of the country’s economy, promotion of inbound tourism and enhancement of international business relations. Airlines that will offer such routes will be granted financial support of EUR 200 000 from the Route Development Fund. More

 

Lithuania to buy another LNG shipment from US

Lithuania's natural gas supply and trade company Lietuvos Duju Tiekimas (Lithuanian Gas Supply, or LDT) will purchase the second shipment of liquefied natural gas (LNG) from the United States. More

 

NIB invests in Lithuania’s first green bond

NIB invested EUR 25 million in subscribing to Lithuania’s first green bond issuance made by the country’s leading energy company Lietuvos Energija. More

 

 

Hella’s investment story in Lithuania: German giant chooses Kaunas FEZ

Hella KGaA Hueck & co., a German manufacturer of lighting technology and electronics products for the automotive industry, and the Lithuanian Kaunas Free Economic Zone have finalized a long term land lease agreement. During the first stage of development up to €30 million investment in a production plant is planned and this will create up to 250 new jobs. Depending on the pace of growth, more investments are expected in the future. More 

 

CULTURE, TOURISM AND SOCIETY:

Centennial teams’ regional meetup

Last week Vilnius hosted the meetup between the Latvian, Estonian and Polish teams in charge of the implementation of the programme for the centennial celebration of the restoration of the state to discuss the progress in this regard as well as the potential for joint regional projects. More

 

Sugihara Week Festival

Chiune Suhigara made a profound impact on thousands of Lithuanian lives. The honorable yet humble man, stood up during the dark days of WWII saving thousands of innocent people. He made every second count, spending his final moments leaving Lithuania via train, passing out travel visas to Jewish Lithuanians. More

   

 

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