Seminar on warehousing opportunities in Lithuania
The Federation of Indian Export Organisations ( FIEO) recently organised a seminar on logistics and warehousing opportunities in Lithuania. Chaired by TS Ahluwalia, Memmer-Managing Committee, FIEO and addressed by Diana Mickeviciene, Minister Counsellor, Embassy of the Republic of Lithuania and Vytautas Nauduzas, Ministry of Foreign Affairs of the Republic of Lithuania, the seminar was attended by leading exporters and logistics companies in India.
Lithuania is strategically located on the crossroad of three large markets, which includes EU markets of Western Europe and Scandinavian countries ( Denmark, Norway, and Sweden), while the Eastern markets of Russia and the Commonwealth of Independent States (CIS) are on other side. Sectors like inorganic chemicals, fabrics, pharmaceutical products, fertilisers, organic chemicals, miscellaneous chemical products, iron and steel, electrical machinery and equipment and parts, textiles, leather and handicrafts have a sizeable market in the Baltic republics ( Estonia/ Latvia, besides Lithuania) besides CIS and Scandavian countries.