A joke about the impact of the Belarusian sanctions on the Lithuanian economy: there will be pain, but it will not be very dramatic



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“Politicians influence the economy and vice versa. All instability leads to monetary panic, fear of sanctions from the international community. This leads to trade wars and threatens us to cut off cargo flows and blow up. These things are of course , part of the picture, and there may be very serious dislocations, including banking crises, if panic (there will be ELTA), withdrawals of deposits in Belarus … “, said R. Kuodis on the news station” Verslo žinios “.

In his opinion, the impact on the Lithuanian economy due to possible sanctions will not be dramatic.

“It just came to our attention then. Of course, Klaipeda is very important to us, especially the fertilizer shipments from Belarus. There will be some pain, but it will not be very dramatic.
We do not have great commercial and production relationships, they are, but they are not the most important, ”said the economist.

The presumed president of Belarus, Alexander Lukashenko, promised on Friday that Belarus would respond to the planned sanctions, the Belta news agency reported.

“I ordered the government to prepare measures so that all trade flows from Lithuanian ports are directed to others. We will see how they fare after that. Our cargo flows are responsible for 30 percent. Lithuanian budget. What else do they need? They think. too good of themselves. We will show them their place, “Lukashenko said.

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