Latvia–Lithuania relations commission, and the territories were transferred to Lithuania. As a compensation, Latvia received the Latvian-majority territories of what now are Ukri Parish, Brunava Parish, Aknīste Parish. Latvia's claims on the town of Mažeikiai were rejected by the international commission. The Lithuanians had to drop their claims on Ilūkste Municipality and Daugavpils. Latvia–Lithuania relations Latvian–Lithuanian relations are bilateral international relations between Latvia and Lithuania. Latvia has an embassy in Vilnius, and Lithuania has an embassy in Riga. The ambassador to Lithuania is Hardijs Baumanis, the ambassador to Latvia is Antanas Vinkus. Both states share a long common history: Both Latvians and
Lithuania lowest in the EU. The country has the lowest implicit rate of tax on capital (9.8%) in the EU. Corporate tax rate in Lithuania is 15% and 5% for small businesses. 7 Free Economic Zones are operating in Lithuania. Information technology production is growing in the country, reaching 1.9 billion euros in 2016. In 2017 only, 35 Biggest companies in Lithuania in 2016, by revenue: Agriculture in Lithuania dates to the Neolithic period, about 3,000 to 1,000 BC. It has been one of Lithuania's most important occupations for many centuries. Lithuania's accession to the European Union in 2004 ushered in