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. Last Updated: 07/27/2016

Lithuania Turns to West

VILNIUS () -- Almost half Lithuania's trade turnover was with Western states in the first six months of 1994, the first time in 50 years that trade with the West has equalled that with the east, the Trade Ministry said Wednesday.


Ministry figures showed exports and imports to Western countries each made up 48.7 percent of total trade turnover. Total trade turnover rose to 8.46 billion litas ($2.1 billion), from $1.33 billion in the first half of 1993. Lithuania introduced the litas currency in mid-1993.


Russia, which accounted for 35.3 percent of foreign trade, was Lithuania's biggest trade partner, but its share has fallen from 38.8 percent last year.