Intensive talks

Published: 24 July 1999 y., Saturday
Lithuania during intensive talks with American energy group Williams over investments into Mazeikiu Nafta oil concern seeks to clear out some financial and economic aspects of the deal, however, this should be not treated as an attempt to revise already achieved agreements, Lithuanian economy minister Eugenijus Maldeikis assures. Speaking at the news conference on Wednesday the minister said that Lithuania expects answers from U.S. company on concrete proposals over corrections of some legal issues in the draft agreements. The corrections were proposed by Lithuanian negotiators. Maldeikis stressed that Lithuanian negotiators raised no specific legal terms, but were seeking that the deal documents corresponded Seimas decisions, Lithuanian laws and international agreements together with obligations set by them. Economy ministry experts work together with Justice ministry specialists to speed preparation of the deals, which would be presented for government approval.
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