EconomyDuring June 2015, state company Klaipedos nafta reloaded 634 thousand tons of petroleum products into its storage tanks of Klaipeda oil terminal and Subacius fuel base (SFB), i.e. greater by 56.9% compared to June 2014, when 404 thousand tons were reloaded, the Company said in a statement. Rimantas Sinkevicius, Minister of Transport and Communications of the Republic of Lithuania, met with the government officials and representatives of the biggest transport, logistics, infrastructure construction and rolling production companies from the province of Xinjiang. Statistics Lithuania informs that, based on provisional data, in May 2015, the turnover (VAT excluded) of retail trade enterprises* amounted to EUR 745.8 million; against April 2015, it increased by 1.4% at constant prices (seasonally adjusted – decreased by 1.2%). Except for the drop recorded in 2009 following the financial crisis, the value of European Union (EU) imports of goods from China has significantly increased over the last decade, from EUR 129.2 bln. in 2004 to a peak of EUR 302.5 bln. in 2014. The €315-billion "Juncker" investment plan, announced by the European Commission last November to encourage the financing of viable investments in Europe, was backed by the European Parliament in a vote on Wednesday. Parliament modified its financing structure, won a say in selecting its leadership and ensured more democratic oversight in negotiations with the Council. In 2015, from Lithuania and Poland will have 500 additional permits for international carriage of goods by road from and to the third countries. This was agreed at the Lithuanian-Polish Joint Committee meeting on International Road Transport issues, Lithuania's Ministry of Transport and Communications reports. Lithuania's Klaipedos Nafta AB and BNK (UK) Limited which is an affiliate of the leading exporter of Belarusian oil products - ZAT Belaruskaja Neftenaja Kampanija, has signed a long term contract on provision of oil products reloading services in Klaipedos Nafta terminal. Statistics Lithuania reports that, based on final data obtained from customs declarations, Intrastat reporting and VAT returns data, exports in 2014 amounted to EUR 24.4 bln. (LTL 84.1 bln.), imports - EUR 25.9 bln. (LTL 89.4 bln.). The three EU agencies managing migration flows and various EU funds dealing with migration should get a €69.6 million budget boost , said the Budgets Committee on Tuesday as it approved proposed changes to this year's European budget. The budget increases still need to be approved by Parliament as a whole and the Council of Ministers. President Dalia Grybauskaitė met with Vice Premier of China Zhang Gaoli. The meeting focused on opportunities to further strengthen economic cooperation between the two countries and implement joint projects. |
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