The largest ever Latvian trade mission to the US concluded its visit on 26 September 2024, LSM reported. Economy Minister Viktors Valainis said that three major cooperation agreements were signed during the visit. Also, talks started on investments in sustainable energy, biomedicine, and infrastructure development, he added. Earlier, Valainis expected the trade mission to bring…
Estonian Climate Minister Yoko Alender and Finland’s Minister of Environment and Climate, Kai Mykkänen, have signed a memorandum of understanding on increased cooperation in protecting critical undersea energy infrastructure, BNS reports. Under the agreement, Estonia and Finland will set up a steering group to develop their cooperation on ensuring the resilience and security of undersea…
The defence ministers of the three Baltic States met with a high official of Poland’s Defence Ministry in Latvia’s Daugavpils to discuss the strengthening of regional defence infrastructure, LSM reports. Latvian Defence Minister Andris Spruds stressed the importance of implementing NATO decisions to strengthen the defence of the alliance’s eastern flank, including regional air-defence capabilities….
Lithuania has almost 8,000 foreign students with temporary residence permits, according to the Lithuanian Migration Department (LMD), BNS reports. Nearly 1,400 Indian citizens, 959 Belarusians, and 709 Pakistanis are currently doing their studies in Lithuania. So far in 2024, LMD has issued over 3,000 temporary residence permits for permanent studies to foreigners, compared to 4,400…
The Latvian parliament, the Saeima, has passed in final reading amendments to ban advertising of beer and wine on radio and TV, Baltic News Network reports. The ban will apply to advertisements that include information on prices and discounts. The restriction is aimed at reducing the total consumption and negative impact of alcohol on young…
The Estonian government has dropped plans to impose a tax on sugary beverages, Prime Minister Kristen Michal announced, ERR reports. Health Minister Riina Sikkut said that she proposed withdrawing the proposal, noting that the coalition agreement only allowed new taxes to finance defence and security needs. Michal expressed hope that opinions on the matter would…
Lithuania’s Court of Appeal has rejected the appeal of Jonava district mayor Mindaugas Sinkevicius against a lower court ruling that found him guilty of abuse of office, forgery of documents, and misappropriation of municipal funds, BNS reports. He was accused of having the local council pay for some of his personal expenses over 2019-2023. The…
The US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has removed Latvia’s ABLV Bank from its list of financial institutions posing a risk of money laundering, LSM reports. The European Central Bank revoked ABLV’s banking licence in 2018 after FinCEN added the bank to the list. ABLV’s liquidation is now nearly complete, and the bank…
Estonian Prime Minister Kristen Michal has submitted his government’s draft state budget for 2025 and budget strategy for 2025-2028 to the country’s parliament, the Riigikogu, ERR reports. According to the Ministry of Finance, budget expenses and investments will increase by 3.8% to EUR 19.1bn and revenues by 5.2% to EUR 17.7bn in 2025, ERR reported….
