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Friday 22.06.2018 | Name days: Ludmila, Laimdots, Laimiņš
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US ambassador: opportunities to work in Latvia should be advertised more actively

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Mark Pekala

Both Latvia and the United States could popularize business opportunities in Latvia more actively, US ambassador to Latvia Mark Pekala says.

The diplomat says that American businessmen are not aware of the opportunities Latvia has to offer. He adds that both Latvia and the US can do more to popularize Latvia’s potential. To show that Latvia has opportunities, and that work here opens wide geographic access to the people here. Opportunities need to be advertised better. He added that small companies in the middle of the US might not even know how good it is here [in Latvia].

When asked whether American businessmen already active in Latvia meet any significant problems, Pekala noted there are things that need to be taken into account. Firstly, work opportunities should be popularized more actively to foreign businessmen. Secondly, investors are interested in the power of the law, effective court system, transparency, corruption prevention and opportunities to set up a business and manage one’s company.

The diplomat said that Latvia has been showing progress in these areas for the last 20 years. He added that every country seeks to improve these areas. According to him, the more Latvia can do to offer investors a friendly and predictable environment, the better. Pekala believes investors want to see a predictable environment: investors generally don’t like to risk their money in a country, where it is impossible to predict what will happen in the future.

Pekala is certain that Latvian-US economic partnership has great potential. The diplomat promised to work hard and contribute to the development of this partnership.

The new US ambassador sees a regional centre for logistics in Riga and Latvia. Our country has a very beneficial geographic location: it provides access to Baltic countries, Nordic countries, the East and Central Europe. He mentions the Nordic Supply chain network, which shows Latvia as a great place for business and proves it is an advantageous geographic logistics centre.

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  1. Davis says:

    IS the US ambassador to Latvia Mark Pekala trying to take jobs away from americain workers and ship them overseas if so lets make the american workers aware of this ambassador and have him removed because the american worker do not need this type of help.

  2. Bruce says:

    Ther is no american silly enough to take up a job in Latvia for that poor salaries.No reason to worry.

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