EconomyThe Government has approved a proposal by the Ministry of the Economy and Innovation to amend the National List of Controlled Dual-Use Goods to further restrict the export, including re-export, of goods from Lithuania to third countries, thus reducing the risk of these goods being used in hostilities in Ukraine. Following the formal proposal by the Advocate General of the Court of Justice of the European Union (CJEU) on Tuesday to abolish the provision in the European Union (EU) Mobility Package that requires the return of trucks to their country of registration every eight weeks, the Minister of Transport and Communications, Marius Skuodis, welcomes this way of solving this international case. It is hoped that the CJEU will take note of this suggestion and that the mandatory return of the trucks will be lifted immediately. Karolis Žemaitis, Deputy Minister of the Economy and Innovation, is on a 15-company business mission to Singapore, where he meets with leaders of the Singapore Fintech Association and the Federation of Singapore Industries, and visits the country's leading companies. He will also meet with Low Yen Ling, Deputy Minister for Trade and Industry. The Government decided that the tender for the right to develop the second 700 MW offshore wind farm would be launched on 15 January 2024. Income from the licensed activities of the electronic money institution (EMI) and payment institution (PI) sector grew significantly in the first half of the year, but the sector is essentially dominated by ten institutions, accounting for the major share of operating income. Today, the official application of Lithuania to host the Anti-Money Laundering Agency (AMLA) in Lithuania signed by Minister of Finance Gintarė Skaistė was submitted to the European Commission. Winter Aviation Season at the Lithuanian Airports: Topmost News about Regular Routes and Position-Strengthening Traditional Airlines2023-11-09, 10:13Winter flight season will start along at the end of October and bring changes to the Lithuanian Airports: destinations popular during cold season will be included in the schedule again as well as completely new ones, and some flights will be temporarily excluded until spring-summer season. According to data of the Lithuanian Airports, this winter it will be possible to reach 36 European cities by regular flights from Vilnius Airport, 16 cities from Kaunas Airport and 4 cities from Palanga Airport. Following the Government's approval today, preparations will begin for the reconstruction of three sections of the Via Baltica international motorway from Kaunas to the border with Latvia, with plans to be deliberated for the development of the engineering infrastructure of transport communications. The total length of these roads is almost 160 kilometres. Minister of the Economy and Innovation Aušrinė Armonaitė has awarded 260 scholarships to students enrolled in state-funded STEM (science, technology, engineering, and mathematics) study programmes. This year, scholarships were awarded to students from nine regional higher education institutions. At a meeting on Monday, the Cabinet of Ministers approved adding new investments to the plan "New Generation Lithuania", which received a positive assessment by the European Commission (EC), and its submission to the Economic and Financial Affairs Council (ECOFIN) for approval. After the endorsement by the EC, the modification of the Plan is planned to be finally approved by the Council by the end of this year. |
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