According to the World Bank report Doing Business 2016, Lithuania has risen four positions in the past year and is now ranked 20th out of 189 countries, and it is 8th among European Union countries.

At the 7th Global Lithuanian Economic Forum, which was held in Tel Aviv, Minister for Economy Evaldas Gustas made a presentation on the relevant topic ‘Investment environment at national level and international competitiveness: the determining factors’, which attracted a great deal of interest from the audience.  This year, ...

Lithuania along with Switzerland and Montenegro were chosen to lead the WTO Commission for Europe at the 59th UN WTO Commission for Europe’s meeting, which was held in Medellin (Columbia). The duration of the ...

Lithuania has gained six positions to become 28th from 34th in 2014 in this year‘s IMD World Competitiveness Ranking produced by the IMD World Competitiveness Center.

On 2-5 February of the current year, Minister of Economy Evaldas Gustas, as member of the delegation led by Prime Minister Algirdas Butkevičius, is visiting the Sultanate of Oman, where he is meeting with Sayyid Fahad Mahmoud Al-Said, the Deputy Prime Minister of the Sultanate of Oman (the Cabinet of Oman) and Yahya Mahmoudh Al-Mantrhri, the Chairman of the ...

On 25-27 January of the current year, Minister of Economy Evaldas Gustas together with the delegation led by Prime Minister Algirdas Butkevičius is visiting Georgia where he meets with Giorgi Mergvelashvili, the President of Georgia and Irakli Garibashvili, the Prime Minister of Georgia, and is taking part in the Lithuanian-Georgian Business Forum. A ...

On Thursday, 8 January 2015, a tender was held to fill the post of director of public body Invest Lithuania. The successful tenderer was Mantas Katinas.

Today, on 5 January, Minister of Economy Evaldas Gustas signed an order by which Jurgita Kazlauskienė was appointed Director of the State Department of Tourism (SDT) under the Ministry of Economy. Jurgita Kazlauskienė previously was Head of the Lithuanian Resort Association.