Putin Urges Belarus to End Oil Transit Through Lithuania

.

Instead of using the Lithuanian ports, Belarus should use Russia’s Baltic ports in the Gulf of Finland, Saint Petersburg and Ust Luga, to transport its oil products made from Russian crude oil, said Russian president, Vladimir Putin during his recent visit to Russia’s Baltic Sea exclave of Kaliningrad, sandwiched between Poland and Lithuania.

Mikhail Krutikhin, a partner at Moscow-based RusEnergy consulting agency explains that Belarus would have to pay €127.5 million, extra per annum, to reroute shipments from the oil processing factories in Mozyr and Navapolacak.

“The Russian railways’ cargo transportation tariffs are now higher than those of Lithuania’s state railway company, Lietuvos Gelezinkeliai (Lithuanian Railways), and, importantly, the Lithuanian companies, including Port of Klaipeda, have made a name for themselves as reliable long-term partners,” he says.

Should Belarus give in to Putin’s demand, Lithuania’s port of Klaipeda would lose 40 per cent of its current loading volume and the railway company’s transportation volume would shrink by four-five per cent due to the loss of Belarusian oil product shipments.

In the first half of 2017, Lietuvos Gelezinkeliai handled a total of 29 million tons of freight, up by 6.5 per cent, year-on-year, including 1.224 million tons of transit oil shipments via the port of Klaipeda, according to Lithuanian Statistics.

“Sending Belarusian shipments by Russian railways, via Russian ports, would not be economically viable and strategically dangerous (for Belarus), given that these (Russian) ports freeze (in winter) and that climatic conditions are completely different there. This is especially sensitive for oil product shipments,” Saulius Skvernelis, Lithuania’s prime minister, said following the Putin statement.

Until now, Belarus has defied Russia’s demands, but the situation could change.

“What Putin said in Kaliningrad is nothing new — Russia has always exhorted Belarus to transit products, derived from Russian crude oil, through the Russian Baltic seaports instead of via Klaipeda and the Latvian ports of Riga and Ventspils,” Mr Krutikhin emphasises.

He believes Russia wants that, since the heated Russian–Belarusian energy dispute in 2007, when Russian state-owned gas supplier, Gazprom, demanded an increase in the gas prices that Belarus, Russia’s close ally, paid. That year, the Russian state-owned pipeline company Transneft stopped pumping oil into the Druzhba pipeline which ran through Belarus because Belarus was allegedly siphoning the oil off the pipe without a mutual agreement. Soon Russia built an oil pipeline, known as BTZ2, or the Baltic oil pipeline, that linked Belarus with the Russian seaports, Ust Luga and Saint Petersburg. Russia had stopped exporting its crude oil through Lithuania before.

“Although Putin’s words sounded like an ultimatum, it remains to be seen what will, if anything, be done this time (in complying with the Russian president’s demand). Now we have to wait and see whether the Russian government will start putting pressure on the Belarusian government,” Mr Krutikhin told Emerging Europe.

Minsk and Moscow fail to agree on how to share revenue from oil products made from Russian crude oil. Russia also wants to participate in the privatisation of two Belarusian crude refineries, but Minsk seeks that the state should retain control of the companies.

Aleksej Zanemanski, former head of expansion at Orlen Lietuva, an oil refinery in Mazeikiai in north-western Lithuania, says that, upon a political whim, the transportation of Belarusian oil product cargo through Lithuania could be halted “within a day”.

“If Putin tells the Russian Railways to give, say, a 70 per cent discount for Belarus oil goods, Lithuania will be in a real trouble,” he told Emerging Europe.

Belarus’ contract with Port of Klaipeda expires on October 31, 2019.

“2019 could be very tense for Lithuania and the port — Russia will definitely ramp up the ante against Belarus on the issue,” Zanemanski predicts.

Meanwhile, Vidmantas Jankauskas, former chief of Lithuania’s State Commission for Energy Control and Prices (VKEKK), says that the approach of Russia’s war games, in Belarus, next month will be watched not only for reasons of border security.

“I wouldn’t be surprised if Russia brings up the Belarus-against- Lithuania card again. With over 10,000 Russian troops in Belarus, near the Lithuanian border, Putin will get another great chance to remind us all of his old desire – to leave Lithuania without a lucrative business,” he tells Emerging Europe.

RELATED ARTICLES

Baltic States to Launch Combined Capital Market

capital markets

The Great Stone Industrial Park — Making Doing Business Easy in Minsk

Poland’s Flying Circus

airport poland

Retail Rents Rise Across Emerging Europe

Na Prikope Prague

Czech Republic Raises Interest Rates

czech koruna

Using Words to Paint a Picture – Belarus’ Nobel Prize Winning Novelist

Belarus is the most creative EEU country

Regional News Outlets: The Real Target of Poland’s New Media Law?

poland media

High-Tech Park in Minsk is growing rapidly

Emerging Europe Back on Track to Convergence

wiiw

Polish Labour Market Deficits Are Impacting All

Construction site with crane and building. Construction site in western europe - in Poland.

Ukraine Is Offering Europe Unique Combat and Technological Experience

Albania’s Economy Booms Despite Political Infighting

Panorama view to the city Tirana Albania

EU Commissioner Launches Veiled Attack on Poland and Hungary

eu commission

Foreign Investors: Belarus Offers Opportunities But Further Improvements Are Needed

Macedonia — Stepping Out Of the Shadow Of the Balkans

Bulgaria’s cooperation with Israel could boost the economy

Emerging Europe to Record Positive Growth Across the Board in 2018

coins growth

Slovenia is CEE’s leader in innovation

PandaDoc — Rolling Sales Procedures Together So Everyone Succeeds

Minsk International Airport Widens its International Reach

Belavia

Romania’s Budget Deficit ‘Should Start Alarm Bells Ringing’

BUCHAREST ROMANIA - June 29 2017: Romanian Prime Minister Mihai Tudose during a swearing-in ceremony at Cotroceni palace in Bucharest capital of Romania June 29 2017.

Measure, Strengthen, and Grow

dacia brand

Estonia Leads Baltics in Cutting Sugar in Food and Drink

Poland’s Q2 2017 Growth Is Stronger Than Expected

WARSAW, POLAND - MAY 07, 2016: Building Palace of Culture and Science among the modern buildings of the city

Mayor: Armenia And Its Capital Yerevan Offer Safe Investment And Tourism To a Growing World

Belarus Has Set an Example for Others to Follow

Ukraine’s Economic Recovery: Good, But Slow

ukraine money

Despite Public Anxieties, Migration is Playing a Key Role in ECA Growth

Bratislava city aerial panoramic view. Bratislava is the capital of Slovakia.

Belarus-Turkey Investment Forum to increase investment and trade between the two countries

Euroscepticism in Serbia: An Image Problem?

Budget Chaos Hits Romanian Leu

Different Romanian Lei Banknotes on the table

The Belarusian Financial Sector: An Industry in the Process of Restructuring

Slovenia Sets Green Vehicle Deadline of 2030

ljubljana

EU May Offer Georgia, Moldova and Ukraine Customs Union and Schengen Access

schengen

Romanian Cabinet Reshuffled as New Splits Emerge in Ruling Party

BUCHAREST ROMANIA - MAY 25 2014: The Victoria Palace. Victoria Square.

EU: Consumption Still Driving Growth

HTP: Belarus’ Engineers Are Leading a Cool Revolution

Trans Adriatic Pipeline Will Fuel Albanian Growth

Xanthi. Greece - July 30 2017: aerial view of construction of gas pipeline Trans Adriatic Pipeline - TAP in north Greece. The pipeline starts from the Caspian sea and reaches the coast of southern Italy

Not All Quiet on the Eastern Front

Fitch And the World Bank: Economic Growth To Remain Solid Within CEE In 2016

Long-time Neighbours Need to Share Awareness, Plus Trade & Investment

Office Space Vacancy is Currently Low but Building Standards Cause Concern

Minsk Belarus - March 23 2017 modern architecture business center Pokrovsky on Pobediteley Avenue editorial

OECD: Belarus Has to Find Its Own Belarusian Model to Emerge

Ukraine to Make New Privatisation Push

Slovakia: Growth Continues But Problems Remain

The EU Is Encouraging Belarus to Join the World Trade Organisation

Poland’s Business Constitution Must Be Finalised

Front of finance ministry in Warsaw Poland with a fountain framing the entrance. Could be used for images about Euro currency problems

One in Five Poles Unaware of Source of Funds for 500 Plus Programme

Valga and Valka – Where Estonia and Latvia Work Together

Valga valka emerging europe

Poland Is Set To Become a Large Economic Zone

Aerial view over the building materials processing factory. View from above.

Belarus Steps Up Liberalisation of Business

belarus

Belarus: Changing Old Ideas And Mixing With the New in Belarus’ Export Market

Emerging Europe Live: CEE — The Outsourcing Destination

Lithuania Set to Streamline Competition Legislation

Industrial dock with cranes on the quay

The Belarusian Banking Sector Moving Towards Modernisation Despite Some Challenges

Veni, Vidi, Vici, Or My Personal Experience of Doing Business in Belarus

Georgia’s Growth Continues

Batumi, Adjara, Georgia - May 27, 2016: Batumi, Adjara, Georgia. Gogebashvili Street Road And Marine Station Or Maritime Station Building Batumi On Background

Estonia Proposes Bill of Rights and Responsibilities for Robots

Robotic hand accessing on laptop the virtual world of information. Concept of artificial intelligence and replacement of humans by machines.

Breaking trade barriers with CIS has never been easier

Košice Business Matchmaking Event Brings in Hungarians

kosice, slovakia

More Brexit Fears As the UK Proves To Be A Needed Member

City of London view from Waterloo Bridge. This view includes: St. Paul`s Cathedral The Gherkin Tower 42 and Blackfriars Bridge.

Belarus and Singapore Share the Same Factors for Economic Success

Bulgaria and Romania Get EBRD SME Boost

Startup Diversity Teamwork Brainstorming Meeting Concept

Automotive and Transport Companies Dominate the CEE Region

Car bodies on the production line inside automobile factory

CEE Must Improve Infrastructure and Logistics

Aerial view of Gliwice Sosnica motorway junction. There are international traffic in four directions

Investigations Into the Corrupt Ukrainian Fuel and Energy Sectors

Ukrainian money hryvnia. The national currency. Corruption in Ukraine

Towards a resilient Europe, strategies for the future

The Proof of a Country’s Readiness to Attract Foreign Investors Lies in the Development of the Insurance Market

Belarus Is Where the New Silk Road Heads For Europe

More EU Help for Belarus SMEs

GRODNO BELARUS - DECEMBER 13 2013: Seamstress in textile factory sewing with a industrial sewing machine .

Emerging Europe and the EBRD host the Outlook on Belarus conference in London

Hungary Today: Potential and Challenge

Chain bridge on Danube river in Budapest city. Hungary. Urban landscape panorama with old buildings and domes of opera

Belarus’s Election Tests the EU’s Global Strategy

Chickens Blamed for Romanian Budget Deficit

Two white chickens or hens inside a chicken coop or hen house seen through chicken wire.

Visegrad Group Looks East

Invest in Belarus: looking beyond politics to the future

21st century Manufacturing Arrives at Great Stone

Great stone

Digital Business Space Gives All Businesses an Office in Sarajevo

Sarajevo Bosnia and Herzegovina - August 24 2015. View from Vraca Memorial Park with building of Avaz Twist Tower

Germany and Belarus: Thinking Globally Acting Locally

Belarus Has To Make an Extra Effort To Change Investors’ Perceptions

Czech Election Result Could Delay Euro Adoption Until 2025

czech banknotes nominal value two and five thousand crowns on white background. 300 000 Kc is approximately 12 450 US dollars (USD) or 11 100 Euro (EUR)

HSBC Reports CEE Growth Surge in Q3

romania national bank

Belarus: On the Way to a Market Economy?

Kosovo: A Population of Talented Young Entrepreneurs Waits at Europe’s Door

Moldova Launches New e-Procurement System In Search For Positive Change

Photo team work process, holding contract hand, signs documents. Account managers young crew works with startup project.New idea presentation, analyze marketing reports.Blurred, film effect, horizontal.

The Reality in Romania Exposes False Perceptions Of The Country

The Belarusian real estate market is on the up

All for One, and One for All

GE

Changes Are Making Ukrainian Banking More Aligned with International Standards

Rolling Sales Procedures Together so Everyone Succeeds

Coworkers

Do Your Homework First and Starting Business in Poland is Easier

Serbia Drafts New Competition Law

serbia belgrade flag

Derek Chollet: There Is a Resurgence of Supporters of the Transatlantic Relationship

white house

Chinese Electric Car Maker Seeks Emerging Europe Base

zhi dou d2

Italy and Belarus: A Relationship Based on Complementarities and History

The Azerbaijani Laundromat: Why It Matters

azerbaijani money laundering

Azerbaijan, Georgia, Turkey Launch New ‘Silk Rail’ Link

Montenegro Accelerates Legal Reform

montenegro law reform

Continental Launch Largest Ever Lithuanian Greenfield Investment

kaunas lithuania

A Risky Evaluation of Croatia’s Economy?

ZAGREB, CROATIA - JULY 17, 2017: Square Ban Josip Jelacic with tourists and trams on a summer day in Zagreb. City of Zagreb is the capital of Croatia.

Will European Business and Institutions Bolster the New Trends That Have Appeared in Belarus?

Winds of Change for Belarus’ Reinsurance Industry?

Sarajevo Stock Exchange Connected to SEE Link

sarajevo stock exchange

‘No’ To a Monetary Union With Russia

Emerging Europe Makes Some Progress on Closing Gender Gap

world economic forum gender gap report

Belarusian Economic Recovery May Downgrade Intended Reforms for Competitiveness

Škoda too Strong for VW Group

MLADA BOLESLAV CZECH REPUBLIC - MAY 30: Skoda Octavia on conveyor line during Doors Open Day at Skoda Auto a.s. factory. Skoda auto celebrated 120 years since its founding on May 30 2015 in Mlada Boleslav.

Czechs Hold Emerging Europe’s Most Powerful Passport

Prospering Czechia Still Needs a Bigger Workforce

prague emerging europe

IMF Believes State-Owned Enterprises Must Be Reformed

Image of the banknotes of new Belarusian banknotes five rubles put into circulation July 1 2016

Young Georgians Make Their Mark at Emerging Europe-EBRD Event

maximilien lambertson at emergeing ebrd outlook on georgia

Belarus Is One of the Top Outsourcing Destinations of 2016

Does the Sceptre of Separatism Haunt Emerging Europe?

Szekely Land Flag

Growth Increase Offers Glimmer of Hope for Moldova

chisinau

CEE Nation Brands Still Behind Western Counterparts

TALLINN ESTONIA- JUNE 17: View of the modern high rise buildings on border with an old part of the city on June 17 2012 in Tallinn Estonia

Polish Shoppers in Hunt for Eggs

eggs in rack

New investors interested in Belarus’ Great Stone Industrial Park

CEE Emigrants Could Boost Their Countries’ Economies

Londoners walking through Millennium Bridge with St.Paul's Cathedral at the background after sunset - London, UK

Still Potential for Growth in CEE as Economies Stabilise

Ukraine’s Q2 Growth Climbs

kyiv ukraine emerging europe

Estcoin: Estonia’s Own Digital Currency?

1 euro coin money (EUR) currency of European Union Estonia over blue background

Under Promise, Over Deliver: Prospects for the EU’s Eastern Partnership in 2018

Eastern partnership

Hungary’s Solar Dreamer

hand sun and blue sky with copyspace showing freedom or solar power concept

Kraków: Officially Emerging Europe’s Most Elegant City

Krakow. Image of Krakow Market square, Poland during sunrise.

GSA Names Ukraine as UK’s Offshoring Destination of the Year

map of ukraine emerging europe

Lviv Is the Pearl and the Soul of Ukraine

Young Well-Paid IT Specialists Are Making Belarus Known Internationally

Investing in Ukrainian Food and Agriculture

The Deep Roots of Currency Crises in the Former Soviet Union

EY: Belarus’ IT Scene Is Thriving

High tech park minsk

Lech Wałęsa: Hard Options Can Force Nations to Get Down to Work

Economy Minister: Internationalisation Is the Key To the Slovenian Economy

Is the CEE Region About to Steal the Outsourcing Crown From India?

Amazing view on the Taj Mahal in sunset light with reflection in water. The Taj Mahal is an ivory-white marble mausoleum on the south bank of the Yamuna river. Agra Uttar Pradesh India.

Belarus Serves up Some Recipes for Success

Business in Belarus Recipe Book

Air Passenger Volumes Reach Record High in the Baltics

airbaltic

Bringing Belarus’ Cultural Past to Life for Belarusians and the World

The Polish Government’s Mid-Term Report: Must Do Better

Front of finance ministry in Warsaw Poland with a fountain framing the entrance. Could be used for images about Euro currency problems

Bad Payers Still Causing Problems for Romanian Firms

Close up Romanian currency note, LEI or LEU, Romania

The Czech government attracts FDI and creates jobs

SEE Link — Sharing SEE Europe’s Hopes for a Brighter Investment Future

Ametek opened a new factory in Subotica

Doing Business Across Eurasia Could Be Easier

Eurasia emerging europe schneider group

Business Standards Are High in SEE But Vary Widely

Aerial view of The Cathedral of the Assumption in Varna

Ukraine to Restart Privatisation to Realise Profits

Pricatisation electricity ukraine

Jadranka Joksimović: Serbia Takes Its Candidacy of the EU Seriously

bigstock-Joint-Press-Conference-Of-Serb-155400338.jpg

Romania Cuts Income Tax, Introduces Solidarity Tax

CLUJ NAPOKA ROMANIA - OCT 2 2016: People on the central street of Cluj Napoka - the unofficial capital of Transylvania.

Belarus: Navigating the geopolitical storm

Plovdiv — an emerging outsourcing destination

GE Inaugurates Its New Bucharest Software Centre

Asian Outsource Developer Team Sitting At Desk Working Laptop Computer Mobile Application Software Real Office

Germany Is Not Letting Belarus’ Small Downturns Put it off Looking for Investment Opportunities

Industrial Production Prices in New Increase

electricity

Poland Fails to Spend Billions of Euros in EU Funds

euro banknotes

Bosnia and Herzegovina: Focussing on Stability and Business Climate

Sarajevo Bosnia and Herzegovina - August 23 2015. View of Miljacka River in Sarajevo city

Innovation Brings Great Opportunities to the Belarusian Economy

A Strategic Asset for Regional Growth and Development in the EU

Pier bridge crane and cargo handling cargo trains transported away.

Poland Stays Cool on Euro Adoption

Euro cash and Zloty on one photo.

Nadiya Savchenko: I Dream of a Great Ukraine

Panorama of the top part of the Andrew's Descent from Castle Hill in springtime in Kiev Ukraine.

Belarus Is Ready to Begin With Venture Capital Investments

Bulgaria: Real Estate’s New Frontier?

Belarus 2020: Turning the Vicious Circle Into an Upward Spiral

FocusEconomics: Belarusian Economy to Grow in Q4 2016 and Onwards

Sunday Trading in Poland Under Renewed Threat

Beyond Borders: Immigration Within the EU

refugees immigrants

Go East

Smart, reliable and promising

Romanian Economy Grows Fast in 2017

Brasov cityscape panoramic and aerial view over medieval architecture of Brasov town, in Transylvania Romania

Feel the Vibe of the City of Minsk

Trinity suburb in Minsk (Nemiga) Belarus on 20 May 2017

Ukraine’s Finance Ministry Wants Urgent Tax Reform

The Shopping Experience Is Set To Go Global in Belarus from 2017 Onwards

Effective Policies Have Strengthened the Georgian Economy

TBILISI GEORGIA Jul. 18 2017: Bridge of Peace is a bow-shaped pedestrian bridge a steel and glass construction over the Kura River in downtown Tbilisi capital of Georgia

Slovenia is the CEE region’s leader in VAT collection

The Next Four Months Crucial For the Belarus-EU Relations

Business Opportunities in Belarus Encourage Outside Interest

Estonia Leading CEE Country in WEF Competitiveness Index

pharmaceutical factory woman worker operating production line at pharmacy industry manufacture factory

Georgian PM Reshapes and Reshuffles Cabinet

Giorgi Kvirikashvili

Albania’s Construction Sector Supports the Country’s Growth

SARANDA, ALBANIA - MAY 18: View of the city Saranda, most important tourist attraction of the Albanian Riviera on May 18, 2017 in Saranda, Albania.

CEE Boosted by Positive Tourism Trends Across the Region

cruise ship in Kotor Bay Montenegro. Aerial view panorama. Kotor bay Montenegro.

Georgia Leads Emerging Europe in Ease of Doing Business Report

Poland to Switch from Emerging to Developed Market by September 2018

warsaw stock exchange

Baltics Seek Lockstep With High Tech States

Euro money: Macro view of euro coin and bill. Suitable for financial, monetary, euro or European Union concepts and ideas

Why Was Zapad-2017 So Important?

russian tank belarus zapad

Latvia Urged Not to Increase Expenditure As Economy Grows

Riga, Latvia - August, 2010: Panorama view from Riga cathedral on old town of Riga, Latvia

IMF Increases Growth Forecast With Emerging Europe Prominent

Dambovita river and center of Bucharest at sunset time Romania.

The EU’s Benign Neglect of Eastern Europe

A New Modern Mall Hopes to Draw Belarusians Back to the Home Market

RRY Capital

Cautious Upturn in Emerging Europe Haunted by the Spectre of Uncertainty

Donald Trump

Croatian Salaries Are Growing in Line With Other CEE Countries

Dubrovnik Croatia emerging europe

The Belarusian Economy: The Challenges of Stalled Reforms

IMF Urges Croatia to Speed Up Reform

croatia

“e-Belarus”: Embracing the Internet and its Possibilities

The EU’s Benign Neglect Of Eastern Europe

CEE Is Key to China’s Belt and Road Initiative

Shanghai skyline Panoramic view of shanghai skyline and huangpu river Shanghai China

Business Mentors Helping to Solve Business Development Problems First

Portrait of confident business people interacting in the office

After Economic Shocks Armenia Plans for Macroeconomic Stability

yerevan armenia minister of finance

Belarus Introduces New Business-Friendly Auditing Procedures

MINSK, BELARUS - AUGUST 15, 2016: Aerial view of the southwestern part of the Minsk with Palace of Sport and old and new other buildings. Minsk is the capital and largest city of Belarus.

CEE Tech Growth Continues: Poland and the Czech Republic Lead the Way

technology

Emerging Europe Live: Life in Belarus As Seen by Foreigners

‘Traditional Values’: A Potent Weapon Against LGBT Rights

gay rights putin

The UK and Belarus: A Partnership to Introduce the Real Belarus to Europe

PE and VC Investment In CEE Is At an Eight-Year High

venture capital

Bloomberg Croatia Business Day 2015

Belarus Is Making the First Steps onto the International Finance Floor

EBRD Finances Small Business Support And Foreign Trade Promotion In Belarus

The essence of the Customs Union is protectionism

CEE-Benefits and Disadvantages of Joining the Eurozone

forint zloty euro

Brexit Is a Great Opportunity to Attract Foreign Investors to Belarus

Global Players Dash for Tempting CEE

dollar pound euro coin on euro background.

Larisa Manastirli: Where is Bulgaria After Ten Years in the EU?

Chris Lowney — What Jesuit Spirituality Can Teach Us About Global Leadership

Latvian Deputy Prime Minister Highlights Riga’s Potential

riga

Lithuania Wants to Bring Home its Skilled Workers

VILNIUS - FEBRUARY 25: Many people choose books at the indoor book

The Country Shows Promise but Needs Some Reforms

Central And Eastern Europe At the World Property Market

e-Estonia: Believe the Hype

Merkel: Albania is taking big steps forward

Albania is creating three free economic zones

Hungary Seen as Riskiest Country in CEE

risk

Why Is Belarus Tech Booming?

ICT Growth Continues to Boost Bosnian Economy

ict, it

High Real Estate Prices at Home Force Czech Investors Abroad

Construction of the Petrin lookout tower in Prague Czech Republic

Revenues Of Bulgarian IT Companies Have Sextupled In the Last Decade

Non-Financial Reporting No Longer a Secondary Consideration in CEE

World Bank’s Doing Business Report 2016 Resume For Emerging Europe

Foreigners choose Minsk and Gomel as Belarus’ most attractive FDI destinations

Romanian Car Maker Dacia Sees Sales Boom

Sables d Olonne France - May 07 2017 : Dacia Tour 2017 is a commercial operation organized by the car builder in order to present its cars throughout France - Close-up on cars

Western Ukraine Could Be an Entry Point into the Country

EU Membership and Transition into Market Economies Have Helped CEE Achieve Social Progress

The Slovak Matchmaking Fair open for registration

Belarus: The Importance Of Diversification

Belarusian Economy on a Diet to Change its Financial Outlook

Estonia — Easy Doing Business Destination seminar in the UK

Belarus’ Economy Is Slowly Recovering From Past Declines

Lithuania Gives Innovation a StartUp

MILAN ITALY - MAY 2: People visit Lithuania pavilion at Expo universal exposition on the theme of food on MAY 2 2015 in Milan.

Kaczyński Defends PiS Record

Falling Student Numbers and Declining R&D Result From Lack of Funds

Warsaw Rising: The Polish Capital’s Skyline Gets Even Taller

varso

Belarus US Business Relations Thrive as Conditions Improve

Meghri Becomes Armenia’s Third FEZ

armenia emerging europe

Serbia, Belarus and Ukraine Ranked Lowly by Wharton Business School

Kyiv Ukraine - April 172017: The postal square in Kiev on Podol the Dnipro river. view of the square from the river panorama

Belarusian Tech Companies Lead a Global Technological Advance in Outsourcing and Product Development

Emerging Europe Makes Great Strides in Improving Business Regulation for Entrepreneurs

Skopje Macedonia

Economy builds bridges in Mostar

Are Labour Shortages Driving Economic Growth?

Is Prague the New Face of Overtourism?

prague tourists

China Agrees to Build High-Tech Business Park in Serbia

BELGRADE SERBIA - SEPTEMBER 29 2016: View on the city center and the junction of Rivers Sava and Danube in Belgrade Serbia.

While the EU Makes Plans for CEE China Makes Investments

Nuclear Security Summit In Washington, 2016

EconMin: Bulgaria — Number One Outsourcing Destination And an Island of Stability in Europe

Lukashenka seeks to avoid commitment to Russia’s geostrategic goals

Globalisation Needs to Work, Not Only for the Few but for the Most and in Demonstrable Ways

Global Spread

Belarusian Journalists Still Face Huge Problems

German Multivac invests €15 million near Sofia

UK Economic Growth Slows as Brexit Uncertainty Bites

flags of UK and EU combined over icons of London - Brexit concept

TV Still a Star for CME

CEE Lags in Business Connectivity

ANIS romanian ICT

Budapest’s Property Boom Goes Nationwide

building

World Bank: Brexit Hides Greater Challenges to the European Union and the CEE Region

Lviv Region in Double Logistics Boost

goods train logistics

Baltic Bank Merger May Tempt Polish Heavyweight

DNB Bank Vilnius

Economic Confidence Rises Across Eurozone

Belarus is Bringing Opportunities for European Companies

Great Stone

IMF: Institutions Key to Sustainable Growth

IMF

Growth Continues for State-Owned Azerbaijan Airlines

Azerbaijan Baku - September 16 2015: View of the Heydar Aliyev International Airport sign in Baku Azerbaijan. The airport is the home of Azerbaijan Airlines the national flag carrier.

Lithuania Handed Top Marks for Business Services

Beautiful panorama of Vilnius Old Town taken from Gediminas hill; Lithuania

IMF Wants Banking Sector Reform in Western Balkans

croatia national bank

Encouraging SME’s Development Will Help Build Belarusian Economy

Tech Giant Expands Romanian Operations

Poles Still Keen on German Jobs

Brandenburg Gate in Berlin in Germany. The Brandenburg Gate is a triumphal arch a city gate in the center of Berlin. It is one of the most known sites in Berlin.

Will the New Five-day Visa-free Regime Encourage More Visitors to Belarus?

Leave a Reply

Your email address will not be published. Required fields are marked *