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(ECO) TURKEY AND LITHUANIA TO ESTABLISH A JOINT CHAMBER OF COMMERCE Tuesday, 02.Mar.2010, 16:10 (GMT2) ISTANBUL (A.A) - Turkey and Lithuania decided to establish ajoint chamber of commerce.A protocol was signed by the Independent Industrialists'&Businessmen'sAssociation (MUSIAD) and the Confederation of Lithuanian Industrialists.The decision was made during a visit by members of the MUSIAD to Lithuania,Latvia and Estonia with the aim of boosting trade volumes with these threecountries.Turkey-Lithuania trade volume was 110.9 million USD in the first nine monthsof 2009, with a decrease of 37.4 percent from 177.2 million USD in the sameperiod 2008. Turkey and Lithuania signed an agreement to encourage investmentsmutually in 1994 and another agreement to prevent double taxation in 1998.(UK-CE)
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