Total 8 Posts
Taiwanese officials gave a recent update on the progress of financial support and government efforts to bolster investment and trade with Lithuania, as the two sides pursue closer diplomatic ties. So far this year, bilateral trade between the two has mostly remained flat (with 1% growth) compared to last year.
Lithuanian trade officials and business representatives are visiting Taiwan this week to strengthen trade cooperation in high technology.
At a Senate Foreign Relations Committee hearing today, U.S. Senators offered their views on, and asked Biden administration officials about, issues such as China's trade measures against Lithuania and telecoms competition around the world.
European Commission Approves Lithuanian Funding To Support Companies Affected by Chinese Trade Restrictions
The European Commission announced yesterday that it had approved "a €130 million Lithuanian scheme to support and facilitate access to finance by companies affected by the exceptional circumstances resulting from China's discriminatory trade restrictions on Lithuania."
Recently China announced that it would allow corn imports from Myanmar, while suspending wood imports from Lithuania.
So far, the China - EU/Lithuania political and trade dispute has been based largely on allegations that are difficult to verify. However, there are now official Chinese government documents that indicate a suspension of some imports from Lithuania, although there is still little in the way of explanation for
In response to concerns about Chinese restrictions on trade with Lithuania, which resulted from Lithuanian actions related to Taiwan, the EU has now filed a consultations request at the WTO. This piece examines the factual and legal aspects of the request, along with the EU's explanations in a press release