By Žygintas Abromaitis, LRT TV, LRT.lt.

Business leaders and investors say the previous government’s efforts to reduce bureaucracy have fallen short, while concerns persist that foreign investors enjoy more favourable conditions than domestic companies.

According to Deputy Minister of the Economy and Innovation Valdemaras Urban, the aim now is to level the playing field, with a stronger focus on attracting investment to the regions.

Business and investor representatives say that a bureaucracy-reduction initiative launched by previous governments and by Prime Minister Gintautas Palucko proved unsuccessful.

Now the task of cutting bureaucratic barriers is being taken up by Inga Ruginienė.

“We have agreed that in the near future we will tackle a couple of issues at a time in the field of reducing bureaucracy and try to move those problems forward very quickly. We gave an example: in Germany an export licence for lasers is issued within two weeks, in Switzerland within two days, while in Lithuania we have a case of five months,” says Rolandas Valiūnas, chairman of the board of Investor’s Forum.

Read more: LRT.LT