Trade Relations between Lithuania and Belgium in 1923–1940 ; Lietuvos ir Belgijos prekybiniai ryšiai 1923–1940 metais

Economic relations between the Republic of Lithuania and the Kingdom of Belgium in 1923–1940 had well exceeded their political cooperation. Before the Great Depression, mutual trading went by a free-market model. Two important impulses for the mutual cooperation were the introduction of the Litas (Lt), a stable Lithuanian currency, and the transfer of the Klaipėda region (Memelland), including its port, under Lithuanian governance in 1923. Most exports and imports went through the ports of Klaipėda (Memel) and Antwerp. In 1923–1925, Lithuanian exports to Belgium reached 2.5–2.8 million Lt, whi... Mehr ...