Lithuania: WTO again suspends case over China’s sanctions on Lithuania

The World Trade Organization (WTO) has again suspended the case over China’s trade restrictions on Lithuania, following a second request from the European Commission (EC), BNS reports. Apparently, EC lawyers have failed to find sufficient proof of Chinese restrictions on Lithuanian goods. The case may now be halted for a year and then terminated if…

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Lithuania: Incoming government calls China “growing challenge”

The draft programme of Lithuania’s incoming government calls China a “growing challenge” for foreign and security policy, BNS reports. The programme sees China’s strategic partnership with Russia and growing influence in Belarus as a threat. The new coalition pledges to work for a united approach towards China with Lithuania’s European and transatlantic partners. Also, the…

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Lithuania: Beijing condemns expulsion of Chinese diplomats

China’s Foreign Ministry has condemned Lithuania’s decision to expel three Chinese diplomats, Reuters reports. The ministry asserted that Lithuania had failed to provide a reason for the expulsions. China reserved the right to take countermeasures, the ministry said. Earlier, Lithuania’s Foreign Ministry announced that the expulsions were due to violations of the Vienna Convention on…

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Lithuania: Deputy Economy Minister visits Taiwan to seek investments

Lithuania’s Deputy Minister of Economy and Innovation, Karolis Zemaitis, visited Taiwan on 3-6 September 2024, ELTA reported. During his visit, the minister met with officials at Taiwan’s Ministry of Digital Affairs and Ministry of Economic Affairs as well as with potential investors. He had meetings with representatives of several local banks and major companies in…

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Lithuania: Foreign Minister warns EU against China deals

Lithuanian Foreign Minister Gabrielius Landsbergis criticised other EU member states for continuing to do business with China, BNS reported. Speaking after a meeting with US Deputy Secretary of State Kurt Campbell in Vilnius, Landsbergis noted that Lithuania was an example that it was “possible to survive without Russian gas and Chinese contracts.” He warned Lithuania’s…

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Lithuania: ELTA to share content with Taiwan’s Central News Agency

Lithuanian news agency ELTA has signed a cooperation agreement with Taiwan’s national news agency, Central News Agency (CNA), Focus Taiwan reports. The news agencies agreed to share content free of charge. ELTA is CNA’s first official partner in the Baltic region. CNA’s editor-in-chief, Chris Wang, said that the cooperation between the two news agencies reflected…

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Lithuania: Bank of Taiwan may compete with major banks

Lithuania’s central bank, the Bank of Lithuania, has called on Taiwan’s state-owned Bank of Taiwan (BOT) to provide as diverse banking services in Lithuania as possible, BNS reports. Earlier, business news outlet Verslo Zinios reported that BOT had obtained regulatory approval to open a representative office in Lithuania. Lukas Jakubonis, chief business development officer at…

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