Heb / Eng




Lithuania

Bilateral chamber of commerce in Israel:

Chairman: Mr. Lennie Judes
General Manager: Ms. Maya Meron
Address: 29 HaMalal St., Tel Aviv
Tel.: +972-3-5167767
Fax: +972-3-5109540
Website: http://www.ilcci.org

Sister Bilateral chamber of commerce in the member state:
Embassy in Israel:

Ambassador: H.E. Darius Degutis
Economic attaché: Ms. Kristina Biraite
Address: Amot Mishat Bldg., 8, Shaul HaMelech Blvd., Tel-Aviv 64733
Tel.: +972-3-6958685
Fax: +972-3-6958691
Website: http://il.mfa.lt
E-Mail: amb.il@urm.lt

Israeli Embassy in the member state:

Ambassador: H.E. Naftali (Nati) Tamir
Address: 2 Elizabetes Str., Riga, LV-1010, Latvia
Tel.: +371-67635574
Fax: +371-67635555
Website: HTTP://RIGA.MFA.GOV.IL
E-mail: press@riga.mfa.gov.il

Country#
EU membership year: 2004
Capital City: Vilnius
Total Area: 65,200 sq km
Population: 3,244,000
Currency: Lithuanian litas (LT)

Lithuania gained membership in the World Trade Organization and joined the EU in May 2004. Despite Lithuania's EU accession, Lithuania's trade with its Central and Eastern European neighbors and Russia in particular, accounts for a growing percentage of total trade. Foreign government and business support have helped in the transition from the old command economy to a market economy. Lithuania's economy grew on average 8% per year for the four years prior to 2008 driven by exports and domestic demand. However, GDP plunged 15% in 2009. The current account deficit rose to roughly 15% of GDP in 2007-08, but fell sharply in 2009 in the wake of a cutback in imports to almost half the 2008 level. Unemployment reached 13.7% in 2009, up from 5.8% in 2008. In 2009 the government launched a high-profile campaign, led by Prime Minister KUBILIUS, to attract foreign investment and to develop export markets.


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