The trade dispute between Lithuania and China remains unresolved in the new year. The Lithuanian government is therefore considering an aid package of up to €130 million to support companies affected by the Chinese tariff blockade. Six million euros have initially been allocated to the companies by the European Regional Development Fund, Lithuania’s Finance Minister Gintarė Skaistė said. China had imposed “unannounced sanctions” on Lithuanian companies. In return, the People’s Republic’s office in Lithuania accused the Baltic country of allowing the bilateral dispute to escalate at the EU level.
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