Efficient cooperation for financial improvement is a precedence in Latvia’s overseas and safety coverage

On July 2, 2024, opening the enterprise day for Latvian honorary consuls, the Minister of International Affairs Baiba Braže emphasised that the joint promotion of the event of the Latvian financial system and the export of our firms are strategic priorities in Latvian overseas coverage. As well as, financial safety as we speak is as necessary a cornerstone of nationwide safety as navy safety, so cooperation between the International Service and businessmen of Latvia is necessary in all actions and type of overseas coverage.

Minister of Financial system Viktors Valainis additionally spoke with the Honorary Consul of Latvia and Latvian entrepreneurs’ communication change companions. The aim of the communication change is to increase enterprise alternatives in overseas nations, to advertise the popularity of entrepreneurs, in addition to to advertise exports.

B. Braže emphasised that the function of the overseas affairs service is at all times being applied to assist implement the financial pursuits of Latvia, together with the usage of obtainable instruments to assist -initiatives as efficient as doable – embassies in overseas nations, representations in worldwide organizations, cooperation with representatives of the Funding and Improvement Company of Latvia and, in fact, the community of honorary consuls.

“The community of honorary consuls is a strategically necessary overseas coverage instrument within the implementation of Latvia’s financial pursuits, which can also be a safety concern. Within the present geopolitical state of affairs, it’s important to construct and strengthen relationships with like-minded companions around the globe. The community of Latvian honorary consuls is essential,” stated International Minister Baiba Braže.

She additionally indicated that the Ministry of International Affairs will proceed to work to strengthen present commerce hyperlinks with the EU and North American markets, Japan, Korea, Australia, and in exports, the precedence is at the moment mastering the brand new and quickly rising markets. – Africa and Latin America. B. Braže known as on Latvian firms to make use of the alternatives of the overseas affairs service much more actively.

Nearly 100 Latvian honorary consuls from greater than 40 nations participated within the communication change of Latvian honorary consuls and Latvian businessmen organized by the Ministry of International Affairs. The most important group of Latvian honorary consuls is represented from the USA, Sweden, Ukraine and Turkey.

Cooperation companions from the Latvian Chamber of Commerce and Trade (LTRK) and the Latvian Funding and Improvement Company (LIAA) launched the honorary consuls with present affairs and alternatives within the fields of financial system, funding, science and know-how. On the communication change, representatives of firms from totally different departments and sectors may meet honorary consuls from nations which might be necessary for the event of their firm. 96 Latvian firms had been represented within the networking classes – from the standard enterprise and meals sectors, from the telecommunications and know-how sectors, in addition to start-up firms that need to increase their operations and are in search of co- new cooperation companions overseas.

Among the many most well-known members of the communication change ought to be talked about Lursoft, LMT, OlainFarm, Exconicus, Lightspace, TestDevLab, Regula Baltija, Jersika Chips. For entrepreneurs, the contact change is a beneficial alternative, bearing in mind the vast circle of revered contacts within the host nation and their information of the enterprise atmosphere of their nation and in Latvia – this might help to ‘ increasing exports and opening new markets for Latvian firms.

Representatives of LTRK and LIAA welcomed the broad curiosity of entrepreneurs, particularly figuring out particular export goal nations. Entrepreneurs had been each within the better-known EU nations, in addition to in lesser-known accomplice nations in Latin America and Africa.

For info

• The change of correspondence was organized by the Ministry of International Affairs in cooperation with LTRK and LIAA at a gathering of Latvian honorary consuls. It occurred on July 2, in Jurmala, Baltic Seashore Resort & SPA within the resort’s enterprise middle.
• An honorary consul from Latvia additionally visited the corporate SAF Tehnika JSCthe place he acquired to know the high-tech options of the safety business that he was providing.
• Kontaktbirza was included in this system of the three-day assembly, in order that the honorary consuls may get to know the present problems with the Latvian financial system and business. On July 1, the honorary consuls met with the best officers of Latvia – President Edgars Rinkēvičs, Speaker of the Saeima Daigas Mierina, Prime Minister Evikas Siliņa, Minister of Transport Kaspars Brikšenas, Minister of Local weather and Vitality Kaspars Melni, in addition to senior officers of the ministry of industries. An honorary consul additionally visited Cēsis and Valmiera.