bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Monday 23.07.2018 | Name days: Magda, Magone, Mērija
LatviaLatvia

Osis: now is the last moment to make sure Latvia is included in the New Silk Road

FaceBook
Twitter
Draugiem
print
(No Ratings Yet)

Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RULatvia’s transit industry is in need of new destinations – New Silk Road, Asia, China, Belarus, Germany, Western Europe and Scandinavia. The organization of the country’s transit sector have to change radically, as well as find new approaches, believes economist Uldis Osis.

«Lithuanians are much more active than we are in the transit industry. But I cannot say we are entirely passive. Many initiatives are in the process of realization. Completely new companies have been founded. This includes LDZ Logistika, whose main priority will be looking for cargoes and developing the package of transit services,» – the economist told LTV’s Rīta panorama programme.

When asked why Latvia is behind Lithuania in the transit field, Osis said «it is an old problem – inability to make decisions because of the lack of will to accept radical changes. We [Latvians] are not prone to cooperate with one another or others. But it is clear that nothing can be accomplished without a team.»

When asked if Latvia risks ending up outside the New Silk Road, the economist emphasized that «everything depends on our actions and decisions, activity, initiative and energy. We might be included and my might be left out. It is not too late, but it is the last moment to act.»

«First of all, it is necessary for politicians and professionals to offer a way out. They are currently in the process of doing just that. We will wait and see what happens next,» – said the economist.

When asked if Latvia is even ready to develop its national economy after 2020 and if there are any risks of it sinking in a deep crisis if no alternatives are found, the economist said that «the way things are done in Latvia is that – we do not usually start thinking about solutions until we drown in some problem up to our noses. Once we feel our backs pushed firmly against the wall, only then do we start thinking and acting. I don’t believe anything significant will happen before 2020.»

As it is known, Russia plans to halt transits of its cargoes through Latvian ports starting from 2018.

President of Baltic Association – Transport and Logistics, Inga Antane emphasized that unlike Lithuania and Estonia, there are three large ports in Latvia, and all three of them cannot be ignored. This is because they have a direct influence on all sectors of Latvia’s national economy. She added that it is vital to establish a clear and unified tariff for all three ports to have an effect on Latvia’s competitiveness in the world, not continue mutual competition among those ports in Latvia.

Lithuania and Belarus have successfully achieved growth for their ports. Latvia, on the other hand, has difficulties with coming up with a single development strategy for its ports to enhance Latvia’s attractiveness on a global scale. Instead, Latvian ports merely compete with one another.

«Latvia does not have one port. Major investments have been put into Ventpils and Liepaja ports. Cargo volumes continue to decline. Even if everything is alright in Riga, it does not mean the national economy does not suffer,» – notes Inga Antane.

Sandra Sondore, advisor to Latvia’s Foreign Affairs Minister, also noted that talks about a common strategy are especially important in the time when the 16+1 summit is drawing closer and closer. The summit is not only one of the biggest breakthroughs for Latvia’s economy, but also one of our country’s biggest hopes.

«And now when China and Russia both have to choose about investments in the New Silk Road and where these investments will go, which railway routes will carry cargoes and which transit corridors will be used for cargoes to and from Europe, you have to agree – it is a golden opportunity. The road could end in Klaipeda, Tallinn, Poland or Germany. There will be a big fight for the destination. […] I’m sorry, but everything will be decided by our ability to react to this situation,» – Sondore said.

Ref: 102.109.109.6782


Leave a reply

Week in Lithuania. Liberals ex-leader fails to recover confiscated cash

Eligijus Masiulis, a former Liberal Movement leader on trial in a major political corruption case, has failed to recover cash that was found and seized during searches of his home.

BNN summary of the week: open presidential election in Latvia and no more plastic bags for shoppers

BNN offers a summary of this week’s topical news in a variety of categories: Future; Change; Fight; Decline; Business; Progress.

SRS: cash register reform still stagnates, but has become much faster than it was last year

The cash registers reform continues stagnating. However, it has become much faster than it was a year ago, as reported by State Revenue Service.

Specialists to search for solutions to topical environmental problems in Ventspils

On Friday, 20 July, a meeting was held between Ventspils Commercial Port representatives and specialists from State Environment Service.

Children with functional disorders to receive services financed by EU funds

Child invalids will have access to social services intended to improve their social skills and mobility. More than EUR 4.2 million has been allocated for this goal from the European Social Fund, as confirmed by Latvia’s Central Financing and Contracting Agency.

Producer price level in industry up 4.3% in Latvia

Compared to June 2017, the average level of producer prices in Latvian industry increased by 4.3 % in June 2018. Prices of products sold on the domestic market rose by 4.8 % and those of exported products by 3.7 %.

Total tax debts in Latvia in July – 1.212 billion euros

At the beginning of July total tax debts in Latvia, including outstanding debts, halted debts and debts applied with repayment term extensions, accounted for EUR 1.212 billion, which is 0.8% less than a month prior, according to data from the State Revenue Service.

Survey: every third Latvian resident has received illegal loan offers

Nearly every third resident in Latvia or 31% of respondents admit having received offers to use illegal loan services, as concluded in a survey performed by Latvian Alternative Financial Services Association and SKDS.

Libya opposed to EU's idea to establish migrant centres in North Africa

Libya is against the solution of the European Union to set up migrant centres in the North African country as a means to keep migrants from arriving in the bloc and Libya would not be convinced with financial support, its Prime Minister Fayez al-Sarraj has noted.

Arrest warrant on Catalan ex-President cancelled by Spain

The Supreme Court of Spain cancelled a European arrest warrant for former Catalan regional leader Carles Puigdemont, as Germany refused to extradite him to face accusations of rebellion for declaring the independence of Spain's region, Catalonia in 2017.

Latvian government plans to allow handing expired food to charity

Latvia’s Agriculture Ministry has prepared amendments to the Law on the Supervision of the Handling of Food that provide permission to hand over certain types of food products to charity after the end of their expiry date.

Estonian industrial producer prices up 2.9% since June 2017

Estonian industrial producer price index has risen by 2.9% between June 2017 and the first summer month this year, resulting in an increase of export prices as well, Estonian statisticians have estimated.

Putin urges NATO to quit «irresponsibly» developing ties with Ukraine, Georgia

Russia's President Vladimir Putin cautioned NATO against developing deeper relations with Ukraine and Georgia, evaluating such a policy was irresponsible and would have consequences for the military alliance.

Latvian parliament not in a hurry to support president Vejonis for a second term

Political parties represented in the Saeima are not eager to support President Raimonds Vējonis for his remainder for a second term.

Weather in Latvia will remain warm and even hot at times

Weather in Latvia in the nearest couple of days will be dictated by a cyclone. Because of that the sky will be partially covered by clouds; thunderstorms are also expected, as reported by State Environment, Geology and Meteorology Centre.

Hungary sued in EU Court for criminalising help to illegal immigrants

The European Union's executive body has stated that a law in Hungary that criminalises support for illegal immigrants is in breach with EU law and Hungary has now been referred to the European Court of Justice for the alleged non-compliance.

Estonians buy alcohol in Latvia; country loses EUR 20 million in six months

Latvian stores located close to the Latvian-Estonian border have sold 1.6 million litres of strong alcoholic drinks in the first half year of 2019. This means Estonia has lost more than EUR 20 million in taxes, according to data from Association of Estonian Alcohol Producers and Importers.

Lithuania’s election watchdog slams ruling LFGU over popular TV series

Political messages can be channeled in various ways and the ruling now Lithuanian party, LFGU has chosen a very delicate way of the communications – through a TV series featuring the beauty and the ambiance of Naisiai, a picturesque settlement in Siauliai district.

Association: around 3,3000 people know of their HIV infection but receive no treatment

HIV remains a serious problem in Latvia – around 3,300 people are aware of their status but receive no treatment and continue spreading the infection. Because of that, it is necessary to act quickly for Latvia to lose its status as HIV kingdom and limit the spread of the infection, says Baltic HIV Association, informing decision-makers and responsible officials in institutions and hospitals about the HIV/AIDS situation.

Driver shortage may force reduction of international road haulage volumes

Latvia’s road haulage companies have started experiencing shortage of drivers. On top of that, if employment conditions for residents of non-EU member states do not change, it may be necessary to reduce the volume of road haulage volumes, says Latvijas auto president Valdis Trēziņš.

Lattelecom’s turnover up 9% in first half-year of 2018

Lattelecom Group’s turnover reached EUR 98.7 million in the first half-year of 2018, growing by 9% in comparison with the same period of 2017, according to unaudited financial results.

1,140 fewer births registered in Latvia in 2017

Since 2016 the number of births in Latvia is declining again. Compared to 2016, a total of 1,140 births fewer were registered in 2017. Also, the provisional number of births registered over the first six months of 2018 (9,664 children) is by 664 children smaller than that registered over the respective period of 2017.

Citadele Bank decides to reform Lithuanian subsidiary as a branch office

Citadele Bank has decided to reform its Lithuanian subsidiary as a branch office, as confirmed in the statement the bank submitted to Nasdaq Riga.

Russian pension age hike discussed amid protest outside Duma

As the Russian paliament votes on the proposal to gradually increase he pension age to 65 for men and 63 for women, some 200 people were seen protesting against the reform in Moscow.

Corruption watchdog chief says bureau has done no illegal actions

After going through Corruption Prevention and Combating Bureau’s past investigative activities, the bureau’s chief – Jēkabs Straume – found it confusing that officers often took no appropriate actions after acquiring evidence or receiving indications regarding necessary steps.

Newest comments