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Lithuania


Russian fund sends notice of arbitration to Lithuania
The Fund for Protection of Investors’ Rights in Foreign States sent an notice of arbitration against Lithuania for the illegal expropriation of the Bank “Snoras”, in accordance with the investment agreement between the Russian Federation and the Republic of Lithuania.
Latvia is seeking annulment of an arbitral award rendered by the ICSID arbitral tribunal
Latvia has made an application for annulment of an arbitral award in the case of UAB “E energija” (Lithuania) v. Republic of Latvia.
Sorainen and V&E successful for E-energija in ICSID arbitration against Latvia
Latvia must compensate E-energija EUR 3.7 million for investment abuse in the district heating business.
France’s Veolia files EUR 100 mln arbitration suit against Lithuania
France’s Veolia, which owns district heat supply companies in Lithuania, filed a suit worth a preliminary 100 million euros against Lithuania.
Lithuania, Qatar continue negotiations on Bilateral Investment Promotion and Protection Agreement
On February 25th, Lithuania and Qatar entered the second stage of negotiations on Bilateral Investment Promotion and Protection Agreement. The two-day negotiations take place in Vilnius, reports LETA/ELTA.
Armenia-EU free trade deal blocked: Lithuania
Armenia has blocked its chances of signing a free trade deal with the European Union by choosing to join the Russia-led customs union, EU president Lithuania said Tuesday.