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Doing Business in the Baltic Region

Three Baltic countries - Estonia, Latvia and Lithuania, are located on the east side of the Baltic Sea, between Sweden, Finland, Russia and Poland. Together they comprise an area comparable to the state of Oklahoma and a total of 7.3 million residents. In 2004, the Baltic Countries became full members of NATO and the European Union, respectively.

With relatively high standards of living and modern infrastructure, these countries have much in common historically, geographically and economically. Due to a lack of natural resources, they strive to take advantage of their geographical location and their main resource – a highly educated and skilled workforce. As a gateway between Russia and Western Europe, the Baltic countries have always played an important role for U.S. trade interests and exports and we expect it to continue now that the Baltic eastern borders are part of the common EU-CIS border.

Euro coin