Lithuania: EU withdraws WTO case over China’s restrictions on Lithuania

Lithuania does not oppose the European Commission’s (EC) decision to withdraw a case at the World Trade Organization (WTO) over China’s trade restrictions on Lithuanian goods, Lithuania’s Foreign Ministry announced, BNS reports. The EC argued that the main objectives of the dispute had been achieved and trade had resumed. However, the Foreign Ministry pointed out…

Read More

Estonia: Foreign Minister pushes use of Russian assets to help Ukraine

Estonia expects European Commission President Ursula von der Leyen to propose a solution this week to use frozen Russian assets to help Ukraine, Foreign Minister Margus Tsahkna stated, ERR reports. He noted that a legal solution already existed to provide guarantees to Belgium against claims from Russia. Tsahkna insisted that there was no need for…

Read More

Latvia: S&P affirms Latvia’s A-grade credit rating

The international credit rating agency, S&P Global, has affirmed Latvia’s sovereign credit rating at A/A-1 with a stable outlook, unchanged from its previous report in May 2025, LSM reports. The agency noted persistent geopolitical uncertainty and elevated regional security risks, but expects Latvia to adhere to prudent fiscal policy and to withstand external headwinds in…

Read More

Baltic: Estonia ranks highest on Global Innovation Index in 2025

Estonia ranks the highest in the Baltic States on the World Intellectual Property Organization’s (WIPO) Global Innovation Index in 2025, Labs of Latvia reports. Estonia ranks 16th on the global index, followed by Lithuania on 33rd place and Latvia on 41st place. The Global Innovation Index ranks the world’s 139 most innovative economies based on…

Read More