Lithuanians calculate losses from anti-Belarusian sanctions

26 ноября 2021

In the first place, ordinary people suffer from the shortsighted actions of politicians in the neighboring countries, be it the situation on the border or unreasonable economic pressure on Belarus. Thus, the Minister of Transport of Lithuania Marius Skuodis hopes that the anti-Belarusian sanctions of the United States will not harm his country. He said this at a meeting with representatives of the U.S. Ministry of Finance, but three major companies will be noticeably affected. I am talking about Klaipeda port, the company that manages the cargo terminal, and the state corporation in charge of the national railroads. Cutting off the transit of Belarusian fertilizers will cost the Lithuanians $60 million. By the end of the year, the railroads lost a thousand employees, i.e. every eighth employee. In total, Lithuania's losses from the European sanctions against Belarus alone will cost 1% of GDP over the next three years.