More than 60 Latvian companies are taking part in a large trade mission to the US led by President Edgars Rinkevics, Labs of Latvia reports. Around 80% of the companies represent the service sector. The delegation will visit three cities — Houston, San Francisco, and Denver — over 16-24 September 2024. Economy Minister Viktors Valainis…
Lithuania should aim to raise its defence budget to 4% of GDP, Defence Minister Laurynas Kasciunas stated, BNS reports. He said that this would allow Lithuania to maintain existing capabilities and acquire long-range air defence systems and combat helicopters. Earlier, President Gitanas Nauseda urged to raise defence spending to at least 3.5% of GDP. Lithuania’s…
Latvian President Edgars Rinkevics will pay a visit to the US on 17-27 September 2024, LSM reports. He will lead a Latvian trade delegation to California, visiting major technology companies, including Google, Groq, Meta, and OpenAI, as well as NASA’s Ames Research Center. Also, Rinkevics will take part in a roundtable discussion at Stanford University….
US electric car maker Tesla has opened its first pop-up store in Lithuania, BNS reports. The store is located at the Akropolis shopping mall in Vilnius. The company plans to open a permanent store and service centre in Vilnius in early 2025, Invest Lithuania reported. Tesla’s Dutch arm, Tesla International, established a subsidiary in Lithuania…
Lithuania has joined the US-led international initiative on strengthening cyber security, BNS reports. The initiative aims to counter the proliferation and misuse of commercial spyware. Lithuania is the first of the three Baltic States to join the initiative, which was first announced at the second Summit for Democracy.
Baltic and US officials held high-level security consultations in the Lithuanian capital, Vilnius, on 12 September 2024, BNS reports. The meeting was attended by Jonatan Vseviov, secretary general of the Estonian Foreign Ministry, Andzejs Vilumsons, state secretary at the Latvian Foreign Ministry, Lithuanian Foreign Minister Gabrielius Landsbergis, and US Deputy Secretary of State Kurt Campbell….
The Latvian parliament, the Saeima, has rejected proposed amendments that would have introduced criminal liability for prohibited agreements in public procurement, LETA reports. Prosecutor General Juris Stukans said that the Prosecution Office (LRP) would continue trying to convince MPs of the need for such legislation to prevent corruption and facilitate criminal investigations. The Corruption Prevention…
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…
Estonia’s services exports totalled EUR 3.1bn at current prices in the second quarter of 2024, which was up 3% from the same period of 2023, according to Statistics Estonia and the Bank of Estonia, ERR reports. Imports of services totalled EUR 2.3bn, which was up 3% as well. The balance of Estonia’s foreign trade in…