Syllabus of the Subject - Foreign Trade and Business in Lithuania.
Vilnius.
Introduction to the Republic of Lithuania (European Union);
Lithuanian Economy;
Doing Business in Vilnius;
Lithuanian International Trade
Port of Klaipeda.
Foreign Direct Investment in Lithuania;
Access to the Lithuanian Market;
Business Plan for Lithuania.
The objectives of the subject “International Trade and Business in” Lithuania” are the following:
To analyze the Lithuanian Economy and Global Trade;
To know the business opportunities in the Lithuanian Market;
To analyze the trade relations of Lithuania with the country of the student;
To know the Lithuanian free trade agreements as a member of the European Union;
To develop a business plan for the Lithuanian Market.
Example of the Subject - Foreign Trade and Business in Lithuania:
The Subject “Foreign Trade and Business in Lithuania” belongs to the following Online Higher Educational Programs taught by EENI Global Business School:
Lithuania is a member of the European Union since 2004;
Lithuanian Currency: Euro;
Top Lithuanian economic activities: tourism, agricultural industries, sustainable forestry, textiles, high technology products, biotechnology, shipbuilding and laser technologies;
Lithuania ranked 24th in the world in the Index of Ease of Doing Business (World Bank) and 15th place (out of a total of 178 countries) in the Index of Economic Freedom (Heritage Foundation);
Several global companies such as Microsoft, IBM, Transcom, Barclays, Siemens, SEB, TeliaSonera, Paroc, Philip Morris and Thermo Fisher Scientific are in Lithuania.
Lithuanian Foreign Trade
The European Union is the largest trading partner of Lithuania, with 67%
of the total imports and 61.3% of the total exports;
The Commonwealth of Independent States (CIS) is the second trading partner of Lithuania;
The main Lithuanian Exports are minerals, machinery, chemical products, textiles, foods, plastics;
Top Lithuanian exports destinations: Russia (15%), Latvia, Germany, Poland, Estonia, the Netherlands, Belarus;
The main products imported by Lithuania are minerals, machinery, transport equipment, chemical products, textiles, metals;
The main suppliers of Lithuania are Russia (32%), Germany,
Poland, Latvia;
As a member of the European Union, Lithuania is a beneficiary of the EU Free trade agreements with the MERCOSUR, Mexico, South Korea, the ASEAN, Egypt, Jordan, Lebanon, Ukraine, Moldova, Georgia...;
The Port of Klaipeda, without ice, is in the western part of Lithuania. The port is an important regional hub that connects the sea, land and Rail transport routes of the east and west.
(c) EENI Global Business School (1995-2023)
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