Taiwan’s largest commercial bank, state-owned Bank of Taiwan, plans to open a representative office in Lithuania, BNS reports, citing business news website Verslo Zinios. The Financial Supervisory Commission of Taiwan has approved the bank’s application to open an office in Lithuania. The Bank of Taiwan said that the office would help expand business operations in…
The Lithuanian parliament, the Seimas, has voted in favour of withdrawing from the Convention on Cluster Munitions, with 103 MPs in favour, 1 against, and 3 abstentions, BNS reports. Once President Gitanas Nauseda signs the law, Lithuania will withdraw from the convention six months after notification. Defence Minister Laurynas Kasciunas argued that the convention restricted…
US congressmen Donald Bacon of Nebraska and Salud Carbajal of California have visited the Baltic States, LSM reports. In Latvia, the two members of the US House of Representatives met with Prime Minister Evika Silina, Foreign Minister Baiba Braze, and Defence Minister Andris Spruds to discuss political, economic, and defence cooperation, the NATO summit in…
Lithuania’s EU commissioner, Virginijus Sinkevicius, will step down, having been elected to the European Parliament, BNS reports. He served as European Commissioner for the Environment, Oceans and Fisheries since 2019. Sinkevicius has since been elected vice-president of the Greens/European Free Alliance group in the European Parliament. Saulius Skvernelis, chairman of the opposition Union of Democrats…
The Baltic States, along with Nordic EU countries and Poland, will not send any ministers to Hungary during the country’s EU presidency, LETA reports. The move is in response to Hungarian Prime Minister Viktor Orbán’s visit to Russia. Lithuanian President Gitanas Nauseda will coordinate with other EU leaders on whether to attend a European Council…
Lithuania will enforce an EU ban on the entry of vehicles registered in Belarus as of 18 July 2024, LRT reports. The new ban applies to all passenger cars, regardless of the nationality of the owner or driver. Belarusian citizens with valid visas or residence permits can bring their own cars into Lithuania for personal…
The Lithuanian parliament, the Seimas, has confirmed the ruling Homeland Union’s Ingrida Simonyte as prime minister in a vote of confidence, BNS reports. Altogether 69 MPs voted for Simonyte, while 30 voted against and 25 abstained. The prime minister will now have to agree with the president on ministerial appointments. In Lithuania, the government resigns…
The Baltic power transmission system operators (TSOs) have notified Russia and Belarus of their intention to decouple from the Russian-controlled IPS/UPS electricity system in February 2025, ERR reports. Estonia’s Elering, Latvia’s Augstsprieguma Tikls (AST), and Lithuania’s Litgrid informed the Russian and Belarusian TSOs that they would not extend the BRELL parallel energy system operation agreement….
Lithuanian President Gitanas Nauseda has hinted at the possible replacement of a few government ministers, expressing particular dissatisfaction with the performance of the ministers of health and agriculture, BNS reports. Nauseda has had preliminary discussions with Prime Minister Ingrida Simonyte about the possible changes, emphasising the necessity of action despite the approaching parliamentary elections. The…