bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Wednesday 26.04.2017 | Name days: Rūsiņš, Sandris, Alīna
LatviaLatvia

BATL: Latvian companies will have to sign specific contracts at 16+1 summit

FaceBook
Twitter
Draugiem
print
(No Ratings Yet)

Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUBaltic Association – Transport and Logistics values the realization of the conference in Riga dedicated to the 16+1 international initiative, saying that Latvia, upon taking on the role of the coordinator and becoming a leader in transport and logistics matters among Baltic States as part of 16+1 initiative, has to use all opportunities for developing cooperation with Asia in order to reduce reliance of the transport and logistics industry on Russia, as well as explore new markets.

«I am truly happy to see the conference of 16+1 format officials taking place in Riga this week and Latvia’s commitment to play the role of the coordinator in spite of concerns about Latvia’s participation in this initiative. It is unquestionable, however, that the conference in Latvia means a big international accomplishment for our country and an opportunity for local entrepreneurs to expand and find new cooperation opportunities in Asia,» – comments BATL President Inta Antane.

Indexes of Q1 2016 point to a sharp decline in the inflow of cargoes to Latvia, which continues to decline. With that, BATL expects that 16+1 initiative will open up new and specific cooperation opportunities for local businessmen.

«Considering the complicated state of Latvia’s transit industry and the sharp decline of cargoes in Q1 – diversification of cargoes and exploration of new markets is an important need right now. I believe that Latvia cannot afford to miss opportunities provided by 16+1. We have to use all advantages provided by this conference – we have to put effort into making sure Latvian companies will be able to sign important contracts at the expected 16+1 prime ministers summit in autumn,» – explains Antane.

«During the meeting of 16+1 format transport ministers, it is necessary to create conditions for future cooperation and reach agreements on favourable business conditions to make said cooperation closer and more pragmatic. We are prepared to secure just that from our part,» – said Latvian Transport Minister Uldis Augulis during his meeting with Chinese Vice-Transport Minister Dai Donchang on Monday, 16 May.

Augulis also mentioned Latvia’s commitment towards active cooperation with China to help develop important transport projects. He also emphasized that China is a very valuable partner for Latvia’s transport industry. Augulis also has a visit to China planned for July.

Up until now Latvia has had the closest trade relations with Chengdu province, with which Latvia had signed a memorandum on cooperation in transports in September 2015. According to Augulis, a major step towards developing relations was the formation of Latvian visa centres that will start working in Chengdu, Beijing, Shanghai and Guangzhou on 20 May. Visa centres in 11 other Chinese towns will be opened gradually before the end of 2016.

Ref: 102.109.109.7853


Leave a reply

Vegetable producers: the industry has a future, but it is burdened by taxes

Compared with Europe’s southern territories, vegetable and fruit production in Latvia has a future, says manager of Mūsmāju dārzeņi association Edite Strazdina.

European Commission takes on Hungary regarding its higher education law

EU’s European Commission has commenced legal action against the Hungarian government in relation to the country’s education law, which is said to be endangering Budapest’s Central European University.

Last year foreign travellers stayed in Latvia for longer, but spent less money

In 2016, foreign travellers crossed the border of Latvia 6.8 million times, which is 0.7 % less than during the previous year. Last year foreign travellers spent EUR 645.2 million in Latvia – EUR 97.0 million or 13.1 % less than in 2015.

Pulks: Riga municipality’s social network accounts are financed by residents; KNAB investigates

«Social network accounts of Riga municipality were created using money of Riga residents. They cannot be illegally privatized to then be used to accomplish political goals,» says Riga City Council’s Unity faction deputy chairman Olafs Pulks.

Ministry: Latvian companies have unused potential in exploring Spain’s market

Latvian companies have unused potential in exploring Spain’s market. This is why the opening of direct flight connectivity between Riga and Madrid could open up new opportunities for business and tourism, says Latvian Foreign Affairs Minister Edgars Rinkevics.

Every third resident would be unable to pay bills if they lose their job

Every third Latvian resident would experience difficulties covering monthly expenses if they suddenly lost their job, according to results of Swedbank Insurance study.

Estonia’s health workers agree to pay-rise solution

Following five months of talks with Estonian government and health officials, five Estonian trade unions of health workers have signed a collective agreement, agreeing to a pay-rise and abandoning plans to hold long strikes.

Economist: Latvian residents’ overall satisfaction with life is below most EU countries

There are many different measurements in the world that seem impossible to measure – our quality of life and development progress, says Bank of Latvia economist Daina Paula in a publication of makroekonomika.lv, commenting on different measurements that help characterize development of national economy and people’s quality of life.

Estonian ex-PM: Bronze Night riots in Tallinn coordinated by Russian officers on site

On the 10th anniversary of the Bronze Night riots in Tallinn, the then Prime Minister Andrus Ansip has noted that Russian special forces’ officers were in the Estonian capital coordinating, where vodka and flammable liquids were supplied.

Reporters Without Borders: media experience unprecedented threats

«The freedom of press in the world has never been more at risk than it is now,» announced Reporters Without Borders in its annual World Press Freedom Index on Wednesday, 26 April.

Several media-related people become candidates in municipal elections in Latvia

Among candidates that intend to participate in the upcoming municipal elections in Latvia are several people who are closely associated with the media environment. Not all of them, however, have direct ties to journalist work.

Coca-Cola facing lower demand to cut 1 200 workers

U.S. company Coca-Cola has stated that it plans to lay off around 1,200 workers in the world as the fizzy drinks producer is facing lower demand.

Cyber-security experts: Macron’s campaign in France targeted by hackers

The campaign staff of French presidential candidate Emmanuel Macron has been targeted by a group of Russian hackers, employing an extensive arsenal of high-tech tricks to acquire the login names, passwords and other credentials, security experts have found.

Ministry: EU should oppose hybrid threats more strongly

«To strengthen EU’s defensive capabilities, member states should increase defence expenditure and work to further enhance cooperation and coordination in the entire union. At the same time, the EU should further enhance its capabilities to better oppose hybrid threats so that they cannot be caught off-guard,» notes Latvian Foreign Affairs Ministry’s parliamentary secretary Zanda Kalnina-Lukasevica.

Ombudsman turns to Constitutional Court over low wages of medics

Ombudsman Juris Jansons has decided to turn to the Constitutional Court over non-compliance with requirements of Medical Treatment Law in relation to the principle of equality and guaranteed rights for fair pay.

Vejonis: new tax system will start working if everyone starts paying taxes honestly

«To improve the development of Latvia’s national economy and residents’ welfare, it is important to realize an efficient tax reform, which is one of the main objectives for the government,» said Latvian President Raimonds Vejonis during his meeting with chairman of Latvian Free Trade Unions Association Egils Baldzens on Tuesday, 25 April.

Verzemnieks: non-taxable minimum for pensions should be increased to EUR 500

The government has to realize a tax reform in which non-taxable minimum is increased to at least EUR 500, says author of the Tax-free Pension initiative Arnis Verzemnieks.

Swedish meteorologists warn of up to 20 cm snow

While people in Baltics are asking, when will arrive the warm part of spring, weather forecasters in Sweden warn of heavy post-season snowfall, which could bring up to 20 centimetres of snow.

Producer price level in industry up 0.1% in Latvia this March

Compared to February, the average level of producer prices in Latvian industry grew by 0.1 % in March 2017.

Lembergs continues prolonging court process; prosecutors concerned

Aivars Lembergs’ criminal case remains in court for the ninth year. The past seven months have been spent solely on listening to Aivars Lembergs’ testimony. Prosecutors are concerned that the accused may be using his testimony to prolong the court process, as reported by Latvijas Radio about the state of the criminal case and prosecutors’ opinion of it.

Swedbank: Latvian residents often lack the money to cover all expenses

Latvian residents plan their family budget in a short-term perspective. Because of that, they often lack the money to cover all expenses, according to data of a study performed by Swedbank Institute of Finances.

In pictures: Protesters in Venezuela block roads in nation-wide sit-in

Opposition protesters in Venezuela rallied on Monday, April 24, promising to block Venezuela s main roads to raise pressure on the government of Nicolas Maduro after three weeks of deadly unrest that have left 21 people dead.

CM: the need for media content creation exceeds financial capabilities

The tendering procedure for support of creation of public media content requested five times more money than what is available, said Culture Ministry’s policy department manager Roberts Putnis in an interview to Latvijas Radio.

Cargo turnover of Baltic ports up 5% in Q1 2017

In the first three months of 2017, ports of Baltic States received and transshipped a total of 39.97 million tonnes of cargoes, which is 5% more when compared with the same period of 2016.

Estonia plans to allocate additional EUR 5 million for HIV spread prevention

Estonia plans to invest into HIV and AIDS medications and related services a total of 5,5 million euros, sets forth the state budget strategy for 2018-2021 passed by the Estonian government.