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Lukashenko is preparing revenge for Lithuania’s sanctions

Source : 112 Ukraine

The President of Belarus threatens to redirect all trade flows from Lithuanian ports to others, but this decision will result in significant financial losses for Minsk
09:10, 29 August 2020

President of Belarus Alexander Lukashenko
TASS

 President of Belarus Alexander Lukashenko promised to show Lithuania what sanctions are. Lukashenko announced this on Friday, reports Tut.by.

 "30% of the Lithuanian budget is formed by our cargo flows through Lithuania. What else do we need? Therefore, we will put it in place," Lukashenko stated

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 He noted that he had already instructed the government to submit a proposal to reorient all trade flows from Lithuanian ports to others.

 Traditionally, Belarusian cargo accounts for about 30% of the Klaipeda port's cargo turnover.  This year, against the background of the general "coronavirus" economic recession and the Belarusian-Russian oil conflict, it was through Klaipeda that the main flows of alternative oil, mainly Norwegian, for the Belarusian Naftan went.  According to rough estimates, the total volume of supplies amounted to about 400 thousand tons of crude oil.

 Belaruskali factory, along with Grodno Azot, the Belarusian Oil Company, provides about 20% of the total volume of cargo transportation by rail in Lithuania.  In this country, Belarus has its own infrastructure - in 2013, Belaruskali bought 30% of Biriu kroviniu terminalas in Klaipeda and implemented an investment program worth about 100 million euros.

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 The news agency notes that in order to expand flows to other ports in the region, Minsk will have to either accept serious financial losses, or once again "call Russian President Vladimir Putin" - to ask Russia for a serious reduction in tariffs.

As we reported before, President of the Republic of Belarus Alexander Lukashenko and over 100 officials and public servants are included in the sanctions list of Lithuania

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