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Tuesday 25.04.2017 | Name days: Līksma, Bārbala
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Latvian companies want to cooperate with China’s largest port city

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUOn Wednesday, 7 September, Latvian Economy Minister Arvils Aseradens took part in Discover Latvia business forum in Ningbo, China. He also met with the Mayor of Ningbo, visited Latvia’s national pavilion in Ningbo and Latvia’s Foreign Economic Representation Office in this city.

Ningbo is China’s largest port city with the world’s largest cargo handling capacity of 900 million tons. The city also has a developed textile and mechanical engineering industries, as well as oil processing, energy and metalworking companies. Ningbo has been successfully developing in recent years. Ningbo is one of China’s richest cities.

Representatives of 20 Latvian companies from transport, logistics, food processing, cosmetics, textile and design and other industries took part in the Discover Latvia business forum in Ningbo, as reported by Latvian Economy Ministry.

«Latvian companies can offer the Chinese market different niche products and eco products. In confirmation of the high quality of Latvian products, an agreement was signed during the forum on the supply of products from Gamma-A fish processing company. Products of this company will become available to China’s consumers in 2017,» – Aseradens said.

During the meeting with the Mayor of Ningbo, Aseradens emphasized cooperation between Latvia and Ningbo. Last year, Latvian Tourism Development State Agency and Ningbo signed an agreement on closer cooperation in tourism.

«We are especially satisfied with the opening of an external economic representation office in Ningbo. Its main objective will be the enhancement of economic cooperation between Ningbo and Latvia,» – Aseradens mentioned during the meeting.

During his visit to Ningbo, Aseradens also visited Latvia’s national pavilion in Ningbo. Different events aimed at improving cooperation between the two countries are organized in this pavilion. It also functions as a meeting place, where manufacturers can meet with officials from China.

The minister also visited the recently opened Latvia’s external economic representation office in Ningbo. The agreement that was signed with Jiangbei municipality this June provides for the opening of a representation office in Ningbo and free use of office space for meetings, expositions and other events for the improvement of Latvian-Chinese relations in the next two years.

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