aA
Lithuanian dairy producers say they have already felt the impact of duties, rising as of Friday, on EU products exported to the United States, the lrt.lt news website reports.
Pieno gamykla
Pieno gamykla
© Shutterstock

Egidijus Simonis, the head of Pieno Centras uniting Lithuania's three major dairy producers, says rising duties immediately create two major problems. Lithuanian dairy producers will no longer be able to export one of its main products, cheese, and other EU member states won’t be able to export their products, cheese, to be precise, as well.

"Automatically, they will stay in Europe and will either have to be sold elsewhere or cheese production will have to be cut and diversified into other products," Simonis said.

He also paid attention to the fact that rather large volumes of dairy products would stay in the EU as The Netherlands, Denmark, France, Italy and Ireland produce a lot of cheese. And other markets, fore example, China or Japan, are simply not capable to accept such large volumes of dairy products.

BNS
It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.
|Populiariausi straipsniai ir video

Coronavirus emergency may mean restrictions, release from obligations for firms

The Lithuanian government's decision to declare a state-level emergency due to the coronavirus...

Finance minister: coronavirus to affect economy

The widening coronavirus outbreak will have implications for the Lithuanian economy , Finance...

Lithuanian businesses might feel coronavirus effect in spring

The coronavirus outbreak in China is already affecting Lithuanian businesses as some companies...

Leader in gaming and VR platforms to undergo major expansion in Lithuania

Unity Technologies , creator of the world’s most widely used real-time development platform for...

German polymer specialist establishing microduct systems production unit in Klaipeda

REHAU , a family-owned polymer specialist with annual sales of around EUR 3.5 billion, is...

Top news

1st coronavirus case confirmed in Lithuania (1)

The first coronavirus case was confirmed in Lithuania early Friday morning, the country's Health...

Hundreds of fans ask for refund of tickets to Zalgiris' Euroleague game

Several hundred basketball fans have asked for refunds of their tickets to the upcoming Friday game...

First Lithuanian coronavirus patient's family members undergoing tests

The Lithuanian woman, 39, who was diagnosed with the new coronavirus on Friday, evaded contact with...

Health ministry expands list of risky territories over coronavirus

Lithuania's Health Ministry has put Hong Kong , Iran, South Korea and Singapore onto the list...

Vilnius is 7th most accessible city in Europe

Vilnius came in 7th place beating many other European tourist hotspots.

|Maža didelių žinių kaina