bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Friday 26.05.2017 | Name days: Varis, Eduards, Edvards
LatviaLatvia

Kucinskis: the potential offered by Latvia’s three ports should be used

FaceBook
Twitter
Draugiem
print
(No Ratings Yet)

Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUEfforts to prepare for Russia’s plans to divert its cargoes from Baltic to its own ports should have been made put into practice since 2000. Reorientation to its own ports is part of Russia’s consequent policy. This is why hard work is being done to develop the transit potential and attract cargoes in other eastern countries, especially in preparation of the 16+1 summit.

Such an opinion was expressed by Latvian Prime Minister Maris Kucinskis in his interview to Rīta Panorāma programme of LTV.

Last week, news was reported that Russian cargoes that are currently transshipped through Latvian ports will be redirected to Russian ports by 2020. Russia also plans to halt the exports of oil products through Baltic ports. When asked if Latvia should start preparing for major changes in its transit industry, considering Russia’s plans, Kucinskis said: «I could say harsher words in this regard, because preparations should have commenced as early as 2000. Russia’s realized reduction of cargo volumes transshipped through Baltic States is no surprise. It was consequent policy from their side – transition to Russian ports. This is exactly what they are doing now.»

The prime minister mentioned in this interview that ‘hard and tiring work is being carried out by Latvian officials, travelling to Belarus and Kazakhstan in order to establish cargo transit relations’. Hard work also continues in China’s context. «Results may not appear immediately. We can expect them in a couple of months. The first challenge, of course, is China. Then there is 16+1 summit. Whatever remains after the summit for Latvia will be our gain. I believe special transport projects and long-term contracts will be among them,» – added Kucinskis.

When asked what Latvia intends to offer at the summit, Kucinskis said: «The main emphasis is put on transit and railway services, as well as using the potential offered by our three ports. There are opportunities to create logistical centres and become a mediator in this field.»

Kucinskis noted that at the summit Latvia has to demonstrate how much the country is truly ready for cooperation.

At the mention of the news reported this spring about China’s decision to access the Baltic Sea only through Klaipeda port, Kucinskis said: «If our people travel to China and Latvia is not even considered there… Considering how close the summit is now, perhaps it is the primary task Latvia has performed with China. There is no time to sit around and wait until the superpower comes and offers something. Lithuanians are also active in this regard. Sometimes we act like good neighbours, but business is business. If you want to develop, you have to fight. You can’t just sit there, waiting and commenting on the situation.»

When asked if Latvia can hope to prepare for the summit accordingly, Kucinskis promised that the unified transit offer will definitely be ready by then. «There will also be a unified offer for the use of our country’s airport potential in the field of logistics. The tariff is not nearly as important as putting forth a sustainable offer for cooperation partners and other sides.»

Ref: 013.109.109.9577


Leave a reply

Trade of natural gas to legal clients in Latvia commences

Trade of natural gas to legal clients in Latvia has commenced. Latvenergo’s Elektrum product offers fixed-price contracts for 12-month supply period. The first gas supply contracts have been signed with clients in Latvia, the company reports.

Murniece: the biggest strength of Latvia’s parliament is public involvement

The biggest strength of Latvia’s parliament is the involvement of the public in resolution efforts of matters associated with child and women’s rights, the rights of disabled people, as well as security, tax policy and the European Union, says Saeima speaker Inara Murniece.

Corruption on decline in Lithuania, yet still remains troublesome

To wrap up the findings of a new corruption research ordered by the Special Investigation Service, an institution dealing with financial crimes in Lithuania, the situation is largely improving, yet not as fast as the service wishes.

Ventspils signs agreement with Chinese-Belarusian industrial park Great Stone

Vetnspils Freeport Authority and Ventspils High Technology Park signed an agreement yesterday with Chinese-Belarusian industrial park Great Stone, which is the largest infrastructure development project in Belarus, as reported by the freeport’s representatives.

Resignation filed by arrested Tallinn Deputy Mayor

The Deputy Mayor of the Estonian capital has stepped down from office after being arrested as part of a criminal case into violations of procedural restrictions of Tallinn procurement tenders.

Residents: situation in Latvia is developing in a wrong manner

54% of residents believe the situation in Latvia is currently developing in a wrong manner. A similar situation is noted in relation to the evaluation of the government’s work. 75% of respondents are critical about the government’s work. Only 17% of respondents are positive about the government’s work, according to results of Baltic International Bank Latvian Barometer.

Finance Minister: we have to be ready for flexibility in the reform plan

Currently we have to progress forward with the intended tax reform and prepare for a degree of flexibility, says Latvian Finance Minister Dana Reizniece-Ozola.

Zarins: unlike healthcare workers, Latvia’s roads are crumbling silently

Saeima deputy Ivars Zarins has submitted a proposal that offers restoring State Roads Fund and providing it with funding of 80% of excise tax for oil products. It is also proposed to divert income from vehicle operation tax and road use fee.

Price of oil slides 5%, though exporters decide to uphold production restrictions

Oil price has dropped by around five percent, even though oil-exporting countries have decided to maintain production limits until spring 2018.

Experts: role of free trade agreements to increase – especially with Asia

Latvian businessmen are already sufficiently active in several Asian markets. Their experience shows – these markets have great potential, according to representatives of the European Parliament’s Information Bureau.

Trump steps up pressure on NATO’s «indebted»

All NATO member states should pay their fair share of military expenses, has stated U.S. President Donald Trump in a meeting of NATO member states in Brussels.

Sunday expected to be summer-like hot in Latvia

This Sunday is expected to be summer-like hot, whereas the week after will be cold and rainy, as reported by Environment, Geology and Meteorology Centre.

Pensioner guide: old people are isolated from society in Latvia

«In my experience with social care, I was surprised by the dominating belief that the only thing old people need is elementary care – some food, a wash and a walk outside. Psychology of old people is something completely alien to people in Latvia,» says initiator of Pensioners Guide in Latvia Nelli Skadina.

SEB: reimbursements paid to nearly 340 loan clients over the past five years

In five years since the signing of the first loan payment insurance contract, reimbursements have been paid to nearly 240 SEB Bank clients who took loans and experienced unexpected difficulties after.

Number of tourists to Riga up 7% in 2017

In the first three months of 2017, a total of 263.5 thousand people were serviced in Riga’s hotels and tourist accommodations. 221.3 thousand of those tourists were foreign guests. Compared with the same period of last year, the number of tourists has grown 7%.

Estonian capital’s Deputy Mayor arrested over waste management dealings

The Deputy Mayor of Tallinn, Arvo Sarapuu, accused of deliberately violating procedural restrictions an especially large scale as part of a criminal case, has been arrested by the Estonian Internal Security Service.

Saeima ratifies convention on restriction for the use of mercury

On Thursday, 25 May, Latvia’s Saeima ratified Minamata Convention on Mercury. The objective of the convention is protecting people and the environment against anthropogenic emissions and leaks of mercury.

Europe experienced foreign investment records last year

Last year, Europe attracted a record large volume of foreign investments with 5,845 new direct investment projects, which is 15% more than the year before, according to results of EY European Attractiveness Survey.

Electric car charging network expands in Latvia to promote «greener thinking»

The once long-away dream of having cars that run on alternative fuel is now a reality – a special infrastructure network keeps expanding in Latvia to make electric cars more popular, says Motors Latvia BMW Group manager Ivars Norvelis.

Estonian Minister steps down after questioning NATO membership

Estonian Minister of Public Affairs Mihhail Korb has stated he resigns from office after saying he is not in favour of NATO membership.

Construction of a fish freezer commences at Ventspils Freeport

Construction work has commenced in Ventspils industrial territory on Talsu Street 200. Latvian National Fisheries Producers' Organisation plans to build a fish freezer facility there, as reported by Ventspils Freeport.

EC: there is a risk tax reform will increase inequality

There is a risk that Latvian government’s proposed tax reform will increase income inequality in the country instead of lowering it, said head of European Commission’s office in Latvia Inna Steinbuka.

Electronic monitoring of convicts will help have nearly EUR 500,000 for Latvia

Latvian State Probation Service believes electronic monitoring of convicts proved itself. This system has helped save nearly EUR 500,000 for the state budget since 2015.

Grandson of Stalin, who dropped Soviet tyrant’s surname, has died

Russian theatre director Alexander Burdonsky, the grandson of the leader of Soviet Communist mass repressions, Josef Stalin, has died at the age of 75.

SRS and LCCI to cooperate in search for most efficient tax payment models

Latvian Chamber for Commerce and Industry and the State Revenue Service have signed an agreement for the development of better solutions he assist the growth of Latvia’s national economy.