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Lithuania’s companies seek alternatives

Just over a year ago, an unprecedented trade dispute between an EU state and China unfolded. The reason for the dispute was the opening of a “Taiwan Office” in Lithuania’s capital Vilnius. Beijing subsequently imposed sanctions against Lithuania. The European Union has since filed a complaint with the World Trade Organization (WTO) – but the situation for the Baltic EU state hardly improved since: “Generally speaking, all production is at a standstill. Exports from Lithuania to China have stopped. Only in isolated cases do products from Lithuanian companies make it to the Chinese market – mostly technology companies,” Ričardas Sartatavičius, Director General of the Lithuanian Confederation of Industrialists, told China.Table.

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