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Klaipeda FEZ: almost ready to roll

Jul 22, 1999
By Paul Beckman

Like many of Europe's coastal cities, Lithuania's Klaipeda is known for having a rich tradition in various kinds of trade and commerce. But the Lithuanian government is hoping that, by allowing the establishment of a free economic zone in the city, Klaipeda will also become a powerful magnet for drawing in foreign investors. Klaipeda is hardly a stranger to foreign investors. Big-name companies have been trickling in since Lithuania re-established its independence. Tobacco giant Philip Morris ha ...

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