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Article: Lithuania: trade hub of the Baltics.(includes related articles on free economic zones and free trade agreements in Lithuania)
- Article from:
- AgExporter
- Article date:
- April 1, 1999
- Author:
CopyrightCOPYRIGHT 1999 U.S. Department of Agriculture. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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U.S. exporters eyeing future market opportunities should take a closer look at the economic progress made by Lithuania. In terms of potential, the country is a standout not only due to its domestic market but because of its strategic position as trade gateway to Russia. Although the food market has not ripened for U.S. consumer-oriented items, it's time for exporters to lay the groundwork for future business.
Reforms Are Working
Lithuanians know a thing or two about belt-tightening. Following the dissolution of the Soviet Union and the country's declaration of independence in 1990, the economy experienced a devastating disconnection from its long ...