Meeting with Mogilev Region Governor Boris Batura, Lithuania’s Ambassador Extraordinary and Plenipotentiary to Belarus, Edminas Bagdonas, pointed out accelerating trade between Belarus and Lithuania, Interfax reports.
The value of transactions between Mogilev and Lithuania totalled $900 million so far this year and is expected to surpass $1 billion by the year-end.
In the meantime, Mogilev’s trade turnover with Lithuania has grown threefold, with Mogilev exports to Lithuania swelling by 450%.
Mogilev is home to 8 companies living on Lithuanian business capital.
Besides, Mogilev and Klaipeda are on twin-city terms.
Lithuania is one of Mogilev Region’s major trade partners, with 6.1% of the total foreign trade turnover.
The value of transactions with Lithuania has climbed to $48.1 million over January-July 2007.
Mogilev exports tyres (52%), polymers, pipes, cement, wood and timber, glass bottles, non-fabric materials, dried milk and other commodities.
In turn, Mogilev purchases Lithuanian fodder, clothing, flour.