Trade Opportunity
Export Machinery from Lithuania to Latvia under the EU-Mercosur Agreement 2026. Reduced tariffs and preferential access to a market of 780 million consumers.
📌 Why This Matters
The agreement includes strong protections for geographical indications.
🚢 Logistics: Major shipping routes connect European and South American ports in 14-21 days.
🔗 Related Opportunities
📌 Why This Matters
Tariff savings of up to 4 billion euros annually benefit exporters.
📈 Growth Potential: Projected 25% increase in trade volume over the next 5 years.