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Saturday 29.04.2017 | Name days: Raimonds, Laine, Vilnis
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President: Latvia’s economic development should be sped up

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RU«In this time of challenges, we have to be active in foreign policy matters and stand firmly in defence of Latvia’s security interests and enhance economic development of our country,» – said President Raimonds Vejonis during a meeting with high-rank officials on Wednesday, 20 April.

During this meeting, President Raimonds Vejonis, Saeima speaker Inara Murniece, Prime Minister Maris Kucinskis, Foreign Affairs Minister Edgars Rinkevics and Saeima’s Foreign Affairs Chairman Ojars Eriks Kalnins discussed the topical matters of Latvia’s foreign policy. The discussion focused on the process of Latvia’s joining of OECD, preparation for the upcoming NATO summit, provision of support to businessmen to help them conquer new export markets, matters related to migration, the situation in Ukraine and the application of EU sanctions.

Latvian officials were positive in their opinions about the successful conclusion of technical talks with OECD. Membership in this organization will enhance the trust of foreign partners in Latvia’s legislation, business environment and monitoring system in the field of finances, good management practices in state companies and efforts to combat corruption, as reported by the State President’s Chancellery.

Vejonis emphasized that Latvia as an OECD member will be able to use experience of more developed countries more successfully to achieve better results in the development of the national economy.

During the discussion regarding preparations for the upcoming NATO summit in Warsaw, officials touched upon the work needed to be done to secure the necessary decisions in regards to continued and considerable presence of allied forces in the Baltic Sea region.

The president mentioned the importance of expansion to new markets for the development of the country’s national economy and the necessity to provide Latvian businessmen sufficient support. Vejonis reminded officials to improve the government policy in order to develop quality investment project offers and contribute to institutional cooperation in the field of external economic policy.

After discussing matters related to migration and practical steps for the resettlement of asylum seekers, officials agreed that future asylum seeker resettlement mechanisms should be based on the principle of free will.

In regards to the application of EU sanctions against Russia, participants of the meeting agreed that sanctions should remain for as long as the Minsk treaty remains unfulfilled. Latvia will continue providing support to Ukraine for the realization of reforms there and ensure the country’s closer integration with the European Union.

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