427 online
 
Most Popular Choices
Share on Facebook 54 Printer Friendly Page More Sharing Summarizing
Exclusive to OpEd News:
OpEdNews Op Eds   

Lithuania blocks the development of its own economy

By       (Page 2 of 2 pages) Become a premium member to see this article and all articles as one long page.   No comments

Jonas Dringelis

In turn, Belarus refuses to send its cargoes through the Klaipeda port. A.Lukashenko expressed hope to agree with Russia on the diversion of the transit of Belarusian cargoes from the Baltic States to Russian ports. According to some media estimates, Belarusian companies account for one third of the capacity of the Lithuanian port of Klaipeda and the transit of Belarusian goods makes up about 2 per cent of Lithuania's GDP. If Belarus stops transit through Klaipeda, the Lithuanian Railways company (Lietuvos geleÃ... ¾inkeliai) will also suffer. As a result, the state budget of Lithuania will not receive up to 30% of taxes.

Obviously, political and economic differences between neighboring countries will negatively affect all countries in the region.

Besides, analysts are confident that if such rhetoric between Lithuania and its neighbors continues, it will further damage Lithuania's already weak economy.

The Baltic Word

Next Page  1  |  2

(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).

Rate It | View Ratings

Jonas Dringelis Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

Jonas Dringelis Editor of "balticword.eu"
Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines

 
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEd News Newsletter

Name
Email
   (Opens new browser window)
 

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Turkey and Russia made a deal against U.S.

US to build military bases in Lithuania

The crimes of NATO soldiers in the Baltics reignites old discussions

COVID-19 will make us think about peace and war

US exit from NATO

To View Comments or Join the Conversation:

Tell A Friend