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Lithuanian economy hit by Chinese sanctions

2022-01-13T18:05:05.319Z


The Baltic state is under fire from Beijing for having developed relations with Taiwan. In Vilnius Officially, China has not imposed any sanctions on Lithuania following its rapprochement with Taiwan. Unofficially, the situation is quite different. In the fall, freight transport by train was suspended, export authorizations for food products were blocked. Since the end of August, Arunas Laurinaitis, vice-president of the confederation of industrialists, has only been dealing with th


In Vilnius

Officially, China has not imposed any sanctions on Lithuania following its rapprochement with Taiwan.

Unofficially, the situation is quite different.

In the fall, freight transport by train was suspended, export authorizations for food products were blocked.

Since the end of August, Arunas Laurinaitis, vice-president of the confederation of industrialists, has only been dealing with this question.

“The economic pressure started in August.

Exports of wood and furniture have been blocked

,” he adds.

To date, according to his information, more than 1,000 containers are waiting to be cleared.

See also

Canada, at odds with China, seeks to get closer to Taiwan

Instability is the first of the difficulties faced by companies.

"

The certainty of the future has completely disappeared",

explains Kristijonas Vizbaras, one of the founders of Brolis Sensor Technology, one of the leaders which produces hybrid chips for semiconductors.

Today, China is the main producer of all kinds of electronic components…

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Source: lefigaro

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