EU withdraws WTO case over China’s trade restrictions on Lithuania, Vilnius backs decision
submitted by
www.lrt.lt/en/news-in-english/19/2763270/eu-wit…
www.lrt.lt/en/news-in-english/19/2763270/eu-wit…
TL;DR:
Lithuania’s interests had been safeguarded and that the country’s annual exports to China had recovered to levels similar to those recorded before Beijing began applying economic pressure on Lithuania [due to Lithuania’s allowance of opening a Taiwanese representative office in Vilnius under the name “Taiwanese”, rather than “Taipei”] … The EU said “the main objectives of the dispute were achieved and the relevant trade has resumed.”