Exports

The European Commission says that representatives of some EU member states have apparently met with Russia's representatives in recent months to discuss food export issues without informing the EU's executive body or other countries.

Bosnia and Herzegovina opened its market to Lithuanian beef and its products, the Lithuanian Government said.

Export volume of Lithuanian defence and security industry (excluding civilian sector) companies stood at EUR 32 million in 2014. This year, defence companies intend to increase exports by a third and sell products and services abroad worth EUR 40 million.

A state of the art facility that will produce up to 4,000 lenses for eyewear every day was recently opened in Trakai, a resort town near Lithuania's capital Vilnius.

The Lithuanian Government and business promotion organizations want to achieve the goal of producing 40 percent of the country's export production in the regions by the end of this decade. Around two fifths of new businesses are sought to be established in Lithuania's regions.

Last year, Lithuania's State Food and Veterinary Service (VMVT) closely collaborated with competent institutions of Japan actively looking for new markets for Lithuanian food exporters.

Yet another continent is to be added on the list of markets of the Lithuanian food company Viciūnų Grupė. The company will offer Australia dumplings made to a special gourmet recipe.

Due to the current geopolitical tensions and crisis, Lithuania's exports to the region of the Commonwealth of Independent States (CIS) last year declined by EUR 158 million, however, at the same time exports to new markets grew by EUR 176 million.

As Belarus has joined the Eurasian Economic Union, companies developing their production in this country will enjoy new opportunities, however, businesses exporting to Belarus or transit of goods should expect certain difficulties, says Evaldas Ignatavičius, Lithuania's ambassador to Belarus.

Oman is interested in imports of food products from Lithuania and exports of its commodities to the Baltic and Nordic states via Lithuania's Klaipėda port, Lithuanian Prime Minister Algirdas Butkevičius said during a visit in the country.

Lithuania has already reached the bottom of the impact of Russia's economic downturn and has effectively withstood the biggest hit, says Lithuanian Finance Minister Rimantas Šadžius.

It should become clear in the nearest future if beef from Lithuania may be exported to Japan. Japanese experts are scheduled to visit Lithuania in early May to ascertain that Lithuanian livestock is healthy and meat is of high quality. The State Food and Veterinary Service (VMVT) started cooperating...

Although Moscow claims that the Baltic countries and Poland will not be able to export pork to Russia for at least three more years, the head of the Lithuanian State Food and Veterinary Service believes that the European Commission (EC) will negotiate this issue with Russia.

Continuing geopolitical tensions in Eastern Europe will continue to affect Lithuania's economy in 2015, says Nerijus Mačiulis, chief economist at Swedbank.

Lithuania's delegation at this year's Berlin International Green Week, an important international trade fair held annually in Berlin, is going to focus on finding new markets.

Food Safety and Inspection Service (FSIS) of the Department of Agriculture of the USA published an official offer to include Lithuania into the list of countries from which imports of meat and meat products are permitted and submitted this proposal to public discussion, Lithuania's State Food and Ve...

Lithuania’s authorities have completed talks on meat exports with the United States’ officials, Prime Minister Algirdas Butkevičius has said, adding that he expects that Lithuanian meat companies will be able to start supplying their products to the US market as early as in the first half of 2015.

Even though the Russian ban on food product import from the European Union is still in effect, export of Lithuanian origin goods to Russia increased by 11.3 percent in October.

Egypt has confirmed to the Lithuanian State Food and Veterinary Service that Lithuanian beef meets the requirements and therefore may be exported to Egypt.

With Russia keeping thorough checks on Lithuanian vehicles in place for more than two weeks now, most Lithuanian truckers prefer to drive to Russia through Belarus rather than via Latvia, the president of the national haulers' association Linava said on Monday.