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Lithuania is now setting the pace for foreign investments in the Baltic states. In a fresh example, IBM yesterday decided to set up a research center there. Prime Minister Andrius Kubilius (pictured) is credited as acting as what some are calling its “investment czar."
Estonia has been the region's leader in foreign direct investment, with $16.2 billion, followed by Lithuania's $13.8 billion, then by Latvia’s $11.7 billion.
