Baltic News Service
April 5, 2006 Wednesday 11:56 PM EET

NEW OPPORTUNITIES OFFERED TO LITHUANIAN BUSINESS IN ARMENIA

VILNIUS Apr 05

New opportunities are offered to Lithuanian business in Armenia – an
honorary consul-led consular institution is planned to be opened in
the country in April.

Lithuanian President Valdas Adamkus is scheduled to pay an official
visit to Armenia this year. The visit agenda includes a business
mission, the Lithuanian Foreign Ministry has reported.

The Lithuanian Embassy to Russia has also initiated business and
culture missions in Kaluga, Smolensk, Samara, Nizhny Novgorod and
Rostov-on-Don.

A new member of Lithuanian Business Club, Company ISC, was presented
at a meeting of Lithuanian Business Club held at the embassy’s
initiative in Moscow on Tuesday.

Russia is one of the main foreign trade partners of Lithuania. In
terms of direct investments in Lithuania, Russia ranks third after
Denmark and Sweden.